Frictional unemployment is:
A) unemployment caused by time delays in matching available jobs and workers.
B) unemployment caused by changes in the industrial makeup of an economy.
C) unemployment caused by economic downturns.
D) when a worker stops looking for a job because she feels no job is available for her.
E) not one of the three types of unemployment.

Question

Quizplus · Accepted Answer

Frictional unemployment is caused by time delays in matching available jobs and workers, often due to informational failures or simply a mismatch between the skills of job seekers and the requirements of available jobs. This type of unemployment is considered to be a natural part of a healthy labor market, as it allows workers to find the best job match and employers to find the best employee match.

Frictional Unemployment Is