Asked by Raisa Anjum on Apr 29, 2024

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The best example of a frictionally unemployed worker is one who:

A) has been looking for work for 27 weeks or longer.
B) is laid off during a recessionary period in the economy.
C) is in the process of voluntarily switching jobs.
D) is discouraged and not actively seeking work.
E) cannot find a job that matches with his skills.

Frictionally Unemployed

Individuals temporarily out of work while transitioning between jobs, often reflecting the natural movement in the labor market.

Recessionary Period

A time characterized by a significant decline in economic activity across the economy, lasting more than a few months.

Voluntarily Switching Jobs

The act of an employee choosing to leave one job for another, often for better pay, benefits, or working conditions.

  • Detail the differing forms of unemployment, including frictional, structural, cyclical, and seasonal.
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ZK
Zybrea KnightMay 04, 2024
Final Answer :
C
Explanation :
Frictional unemployment occurs when individuals are temporarily unemployed while transitioning from one job to another, often voluntarily. This is the case with someone who is in the process of switching jobs.