Frictional unemployment is temporary. (State True or False)
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HI THERE FRIEND
True.
Frictional unemployment occurs when workers leave their old jobs but haven't yet found new ones.
Most of the time workers leave voluntarily, either because they need to move, or they've saved up enough money to allow them to look for a better job.
Hope you are satisfied.
Mark it as BRAINLIEST
True.
Frictional unemployment occurs when workers leave their old jobs but haven't yet found new ones.
Most of the time workers leave voluntarily, either because they need to move, or they've saved up enough money to allow them to look for a better job.
Hope you are satisfied.
Mark it as BRAINLIEST
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Answer:
Frictional unemployment is temporary. - True
- Frictional unemployment is temporary and lasts for a short time, that is when the employee leaves his work and enters a new job.
- Frictional unemployment does not result directly from economic factors and occurs when workers are looking for new jobs. Structural unemployment, on the other hand, is caused by economic shifts, making it difficult for workers to find jobs. Unemployment is measured by the rate of unemployment.
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