Radhika just graduated from university.She recently quit her part-time job to focus on finding a full-time job that better uses the skills she acquired in university.Radhika is considered to be:
A) structurally unemployed.
B) frictionally unemployed.
C) cyclically unemployed.
D) employed since she is focusing on finding a full-time job.

Question

Quizplus · Accepted Answer

Radhika's unemployment is temporary and voluntary, as she quit her part-time job to search for a better opportunity. This type of unemployment is called frictional unemployment, which is a result of the time and effort it takes for an individual to search for a job that best suits their skills and preferences. Radhika is not structurally unemployed as her skills match the requirements of the job market, and she is not cyclically unemployed as her unemployment is not due to any macroeconomic factors.

Radhika Just Graduated from University