Question

“It is short-term unemployment occurring, as people transit between jobs.”

On the basis of given definition, identify the type of unemployment indicated.

Options

• Disguised Unemployment

• Seasonal Unemployment

• Open Unemployment

• Frictional Unemployment

Answer 1

Frictional Unemployment

Explanation:

Frictional unemployment refers to short-term unemployment that occurs when individuals are temporarily between jobs, either due to career transitions, job searches, or shifting from one employment to another. It is a natural part of a dynamic economy.