Unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills is called
A)the natural rate of unemployment.
B)cyclical unemployment.
C)structural unemployment.
D)frictional unemployment.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers are between jobs, either because they are searching for a job that better matches their skills and preferences or they are transitioning between careers. This type of unemployment is considered a normal part of a healthy economy, as it reflects the time it takes for workers to find a new job that is a good fit.

Unemployment That Results Because It Takes Time for Workers to Search