Question

QUESTION 3/3
Frictional Unemployment occurs when:

Workers become unemployed due to technological advancements

Workers move between jobs or enter the workforce for the first time
Workers lose their jobs due to downturns in the economy

Answer 1

Frictional unemployment occurs when workers move between jobs or enter the workforce for the first time. This type of unemployment is typically temporary and reflects the time it takes for individuals to find jobs that match their skills and preferences.