Frictional unemployment occurs when individuals are temporarily unemployed while transitioning from one job to another or entering the workforce for the first time. It typically arises from a mismatch between job seekers and available jobs.
The option that best fits the concept of frictional unemployment is:
opportunities for higher wage jobs in a new industry.
This situation suggests that workers may leave their current jobs to find higher-paying positions in a different field, leading to temporary unemployment as they search for new opportunities.
The other options either do not directly relate to the concept of frictional unemployment or relate to other forms of unemployment (such as cyclical or seasonal).
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