Frictional unemployment is
A) unemployment associated with the changing of jobs in a changing economy.
B) unemployment associated with business cycle recessions.
C) unemployment associated with declining industries.
D) long-term unemployment.

Question

Quizplus · Accepted Answer

Frictional unemployment is unemployment that occurs when workers are in the process of transitioning from one job to another. It is the result of the time it takes to search for and find a new job that matches one's skills and preferences. This type of unemployment can occur even in a healthy, expanding economy where there are plenty of job openings.

Frictional Unemployment Is