Which type of unemployment is most likely to help the economy become more efficient?
A) cyclical
B) structural
C) seasonal
D) frictional
E) underemployment

Question

Quizplus · Accepted Answer

Frictional unemployment occurs as a result of workers moving between jobs or entering the job market for the first time. It is often a sign of a healthy labor market as workers are seeking higher-paying or better-suited employment. This type of unemployment can actually help the economy become more efficient by improving the matching of workers to jobs and increasing productivity.

Which Type of Unemployment Is Most Likely to Help the Economy