Question

Which of the following is related to 'frictional unemployment'?

• A. Unemployed due to seasonal variation in demand
• B. Unemployed for a short duration while switching from one job to another
• C. Unemployed due to lack of skills, even after having the willingness to work
• D. Unemployed due to lack of educational qualifications

Answer 1

The correct option is B Unemployed for a short duration while switching from one job to another

With higher levels of education, the expectations of job aspirants also increases. Sometimes, such a person may not be able to find a satisfactory job within a short period of time and will remain unemployed. Such unemployment is known as frictional unemployment.