Frictional unemployment is considered to be:
A)bad, because people are not getting a paycheck.
B)good, because people learn how other folks live.
C)good, since that means people may be seeking jobs that match their job skills.
D)bad, because people are out of work.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when individuals are temporarily between jobs because they are seeking better opportunities or transitioning between careers. This can be seen as a positive thing because it means that people are actively seeking job that matches their skills and ultimately finding a better job will lead to higher job satisfaction and productivity.

Frictional Unemployment Is Considered to Be