Asked by Jason Harris on Jun 28, 2024
Verified
Use the following choices regarding the various types of unemployment to describe the following situation.After staying home for 23 years raising her four children,Susan has reentered the labor force looking for full-time employment.
A) Frictional unemployment
B) Structural unemployment
C) Natural unemployment
D) Cyclical unemployment
Frictional Unemployment
represents short-term unemployment that occurs when workers are between jobs or entering the labor force for the first time.
Labor Force
The total number of people employed or actively seeking employment in a country or region.
- Discern the distinct types of unemployment and analyze the factors leading to each.
Verified Answer
ZK
Zybrea KnightJul 03, 2024
Final Answer :
A
Explanation :
Susan is experiencing frictional unemployment, which occurs when individuals are temporarily between jobs or entering/re-entering the labor force. Her absence from the workforce for 23 years means she needs time to search for a job, which results in frictional unemployment.
Learning Objectives
- Discern the distinct types of unemployment and analyze the factors leading to each.