Which of the following is a source of frictional unemployment?
A)changes in the composition of demand among industries or regions
B)minimum wages
C)labor unions
D)None of the above is correct.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers are between jobs or are searching for better job opportunities, leading to short-term unemployment. Changes in the composition of demand among industries or regions could cause workers to lose their jobs or seek new employment opportunities, leading to frictional unemployment. Minimum wages and labor unions are not sources of frictional unemployment, as they pertain more to issues related to wage levels and collective bargaining power.

Which of the Following Is a Source of Frictional Unemployment