Unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills is called

Question

a.

structural unemployment.
b.

frictional unemployment.
c.

cyclical unemployment.
d.

the natural rate of unemployment.

Answer 1

The correct answer is b. frictional unemployment.

Frictional unemployment occurs when workers are temporarily unemployed while transitioning from one job to another or searching for a job that better fits their skills and preferences.