The best example of a "frictionally unemployed" worker is one who:
A) Reduces productivity by causing friction in a business
B) Is laid off during a recessionary period in the economy
C) Is in the process of voluntarily switching jobs
D) Is discouraged and not actively seeking work

Question

Quizplus · Accepted Answer

A frictionally unemployed worker is one who is temporarily unemployed while they transition between jobs voluntarily. They are typically qualified for the positions they are applying for and their joblessness is a result of the time it takes to search for a new job that matches their skills and preferences. Option B refers to cyclical unemployment, while option D is a form of discouraged unemployment. Option A is not a definition of frictional unemployment.

The Best Example of a "Frictionally Unemployed" Worker Is One