Josh Loachim quit his job in advertising in Toronto and has moved to Calgary,where he is actively seeking employment.This is an example of which type of unemployment?
A) frictional
B) fiscal
C) structural
D) cyclical

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when individuals are temporarily between jobs or are searching for new employment opportunities, which appears to be the case with Josh Loachim. He voluntarily left his job in Toronto and is actively seeking employment in Calgary, making him a candidate for frictional unemployment.

Josh Loachim Quit His Job in Advertising in Toronto and Has