Unemployment resulting from normal turnover in the labor market is called:
A)frictional unemployment.
B)cyclical unemployment.
C)structural unemployment.
D)seasonal unemployment.
E)underemployment.

Question

Quizplus · Accepted Answer

Frictional unemployment refers to the temporary unemployment that results from the normal turnover in the labor market, such as people entering or leaving the workforce or changing jobs. It is considered a natural and inevitable part of a dynamic economy, and it tends to be a relatively short-term phenomenon.

Unemployment Resulting from Normal Turnover in the Labor Market Is