Emily recently quit her job at a major corporation because she saw little chance for advancement.Although she is still searching for a new position,Emily believes the economy is healthy and she hears that several firms are hiring people with her qualifications.Which of the following statements about Emily's current situation is most accurate? Emily is:
A) Not considered unemployed because she voluntarily quit her job.
B) An example of cyclical unemployment.
C) An example of frictional unemployment.
D) Likely to find employment quickly if she seeks training in a different fielD.Frictional unemployment refers to job seekers who are entering the labor market for the first time (or after a long absence) or are temporarily between jobs.Workers who are frictionally unemployed typically have skills that are in demand,but are in the process of job search and have not yet accepted employment.This appears to be the case for Emily.
Correct Answer:
Verified
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