Shannon left her job and is pursuing employment at another firm in the same industry. What kind of unemployment is this an example of?
Select the correct answer below:
structural
frictional
seasonal
cyclical
Frictional unemployment is said to happen when people looking for a job or switch between jobs for further reasons
Here in the given question, since Shannon left her job and looking for other
So it is frictional unemployment.
structural is related to the improvement in technology which causes unemployment
seasonal and cyclical are related with time frame
So the the answer is option B that is frictional
Shannon left her job and is pursuing employment at another firm in the same industry. What...
ou a bene company in the main content are curtea In auto worker in Ohio who loses her job because the company relocated the plant to another country represents an example of ) frictional unemployment. 3) structural unemployment. -) cyclical unemployment. ) seasonal unemployment.
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In June there are 30,000 people classified as unemployed and the size of the labor force is 600,000. The only change between June and July is that 10,000 of the unemployed give up looking for work. Which of the following is true? A) In June the unemployment rate was 6% and in July the unemployment rate was 3.8%. B) The unemployment rate in both June and July was 5%. C) In June the unemployment rate was 5% and in July...
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