Which of the following might lead to frictional unemployment?(1 point)

Responses

growth in demand for consumer goods of all kinds
growth in demand for consumer goods of all kinds

seasonal fluctuation in demand for a product
seasonal fluctuation in demand for a product

a large segment of the population reaching retirement age
a large segment of the population reaching retirement age

opportunities for higher wage jobs in a new industry

1 answer

Frictional unemployment is typically caused by individuals transitioning between jobs, entering the workforce for the first time, or re-entering the workforce after an extended absence. Among the options provided, the one that most likely leads to frictional unemployment is:

opportunities for higher wage jobs in a new industry.

This scenario suggests that workers may leave their current jobs to seek better opportunities which can lead to temporary unemployment as they search for new positions.