Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Frictional Unemployment
B
Structural Unemployment
C
Cyclical Unemployment
D
Seasonal Unemployment
Understanding the Answer
Let's break down why this is correct
Answer
The type of unemployment that happens when workers are temporarily between jobs or searching for their first job is called frictional unemployment. This kind of unemployment is usually short-term and occurs when people are in the process of moving from one job to another or entering the job market for the first time. For example, if a recent college graduate is looking for their first job after finishing school, they are considered frictionally unemployed until they find work. Frictional unemployment is a normal part of a healthy economy because it reflects the time it takes for people to find jobs that match their skills and interests. Overall, it shows that workers are actively seeking better opportunities, which can lead to greater job satisfaction and productivity in the long run.
Detailed Explanation
Frictional unemployment happens when people are in between jobs. Other options are incorrect because This type happens when jobs disappear because of changes in the economy; Cyclical unemployment is linked to the economy's ups and downs.
Key Concepts
types of unemployment
Topic
Unemployment and Labor Force Dynamics
Difficulty
easy level question
Cognitive Level
understand
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