A housewife who is returning to the labor force after an absence of 10 years is ________ unemployed until she finds work.

Question

Quizplus · Accepted Answer

The situation described fits the definition of frictional unemployment, which refers to temporary unemployment due to the time and effort it takes to match job seekers with available positions. In this case, the housewife is actively seeking employment, but it may take some time for her to find a job that fits her skills and experience. This type of unemployment is generally considered less concerning than other types, as it is a natural part of the job market and indicates a healthy level of job turnover.

A Housewife Who Is Returning to the Labor Force After