Responses
Unemployment as a result of a mismatch of the skills of workers and the skills needed by employers.
Unemployment as a result of a mismatch of the skills of workers and the skills needed by employers.
Unemployment as a result of demand for products and services decreasing.
Unemployment as a result of demand for products and services decreasing.
Unemployment as a result of people moving from one job to another.
Unemployment as a result of people moving from one job to another.
None; unemployment is the result of an unhealthy economy.
1 answer
The type of unemployment that is the product of a healthy economy is:
Unemployment as a result of people moving from one job to another.
This is known as frictional unemployment, which occurs when individuals are temporarily unemployed while transitioning between jobs. It is considered a normal part of a healthy economy as people seek better opportunities or new positions that better match their skills.
