If a person is fired for poor performance but possesses skills required to obtain another job after some searching, this person is considered
A) seasonally unemployed.
B) frictionally unemployed.
C) structurally unemployed.
D) a discouraged worker.

Question

Quizplus · Accepted Answer

This person is considered frictionally unemployed because they are temporarily out of work due to the time it takes to search for and obtain a new job. They have the skills necessary to obtain new employment, but have not secured a job yet. Seasonal unemployment refers to unemployment that is expected based on seasonal changes in demand (such as ski instructors being unemployed during the summer months), structural unemployment refers to a mismatch between the skills workers have and the skills in demand in the labor market, and a discouraged worker has given up looking for employment altogether.

If a Person Is Fired for Poor Performance but Possesses