Unemployment which occurs when workers move from one job to another job is
known as
a) Seasonal unemployment
b) Frictional unemployment
c) Technological unemployment
d) Cyclical unemployment
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Frictional unemployment
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'Unemployment which occurs' when 'workers move from 'one job to another job' is known as Frictional Unemployment.
Answer: Option (b)
Explanation:
- In economics, the term frictional unemployment depicts a condition in which individuals spend the time between leaving a company and joining the next company.
- That is, the state of unemployment that an individual experiences when he or she is changing or transitioning his or her job, is known as frictional unemployment.
- In every economy, this is a very common phenomenon for employees and this phenomenon is also known as 'Search Unemployment' as well.
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