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Which of the following describes frictional unemployment?
0000
Occurs when works skills do not match the jobs available.
Unemployment that rises during economic downturns.
Occurs when people change jobs, get laid off, take time off, or after they finish school.
None of the above.

Sagot :

Final answer:

Frictional unemployment is the temporary unemployment that arises as individuals move between jobs due to mismatches in job characteristics.


Explanation:

Frictional Unemployment

Frictional unemployment occurs when workers are between jobs, searching for or transitioning to a new position. It results from mismatches between job seekers and available jobs due to various factors such as skills, payment, or location. This type of unemployment is a natural part of an economy as workers and employers take time to find the right match.


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