What is the term for the category of unemployment that is a by-product of geographic and occupational mobility and NOT generally considered to be a serious problem?
A)frictional unemployment
B)structural unemployment
C)underemployment
D)cyclical unemployment

Question

Quizplus · Accepted Answer

Frictional unemployment is caused by factors such as people entering or leaving the labor force, voluntarily quitting their jobs to search for better ones or moving to a new location. This type of unemployment is considered natural and not a serious problem as it is often short-term and reflects the dynamic nature of a healthy economy.

What Is the Term for the Category of Unemployment That