To prevent frictional unemployment, we would have to
A) make sure that market demand for goods is stable over time.
B) eliminate the business cycle.
C) prevent people from leaving their jobs before finding another job.
D) make sure everyone went to college.

Question

Quizplus · Accepted Answer

Frictional unemployment is caused by individuals who are in-between jobs or who are searching for their first job. To prevent this type of unemployment, individuals would need to stay at their current job until they have secured another job, reducing the time they are unemployed. This can be achieved by providing support services such as job search assistance, career counseling, and education and training programs. Making sure everyone goes to college or stabilizing market demand may help reduce other types of unemployment but would not necessarily prevent frictional unemployment. Eliminating the business cycle is unrealistic as the economy will always experience periods of expansion and contraction.

To Prevent Frictional Unemployment, We Would Have to