Frictional unemployment exists because of the time it takes for workers to search for the jobs that best suit their tastes and skills.

Question

Quizplus · Accepted Answer

Frictional unemployment is caused by the natural turnover in the labor market as workers move between jobs, or as new workers enter the labor force and need time to search for employment that matches their qualifications and preferences. Therefore, frictional unemployment is a temporary and voluntary phenomenon that results from workers searching for better opportunities, rather than a failure of the labor market to match workers with jobs.

Frictional Unemployment Exists Because of the Time It Takes for Workers