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

Question

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

Quizplus · Accepted Answer

Frictional unemployment refers to the temporary unemployment of workers who are in between jobs, or searching for new jobs. This type of unemployment is due to normal turnover in the labor market as workers transition from one job to another, often seeking better opportunities or higher wages.

Unemployment Resulting from Normal Turnover in the Labor Market Is