Question

The unemployment that occurs with the normal workings of the economy, such as workers taking time to search for suitable jobs and firms taking time to search for qualified employees, is called:________.

Answer 1

The correct answer is: Frictional unemployment.

Step-by-step explanation:

Frictional unemployment is unemployment caused by things other than the underperforming economy. Frictional unemployment is caused by temporary transitions. This includes situations such as new workers entering the workforce, people moving into another city and looking for a job or people quitting their job to look for a better one.