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This is a temporary type of unemployment that occurs when an employee resigns from his/her job to find a better job, you call that ___.Select one:a. Mass Unemploymentb. Cyclical Unemploymentc. Structural Unemploymentd. Frictional Unemployment

Question

This is a temporary type of unemployment that occurs when an employee resigns from his/her job to find a better job, you call that ___.Select one:a. Mass Unemploymentb. Cyclical Unemploymentc. Structural Unemploymentd. Frictional Unemployment

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Solution

The correct answer is d. Frictional Unemployment. This type of unemployment is temporary and occurs when an employee leaves their job voluntarily to find a better one. It's a natural part of the job search process and can also occur when workers are transitioning between jobs, often when they are also moving or changing locations.

Similar Questions

This type of unemployment occurs when people lose jobs because of an economic downturn.Select one:a. Structural Unemploymentb. Mass Unemploymentc. Frictional Unemploymentd. Cyclical Unemployment

The type of unemployment that occurs when a worker is laid off due to insufficient demand for goods and services is known as unemployment. (Enter one word)

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