Asked by Halle Wolfe on Mar 10, 2024
Verified
A housewife returning to the labor force after 20 years would be _____ unemployed until she finds work.
A) frictionally
B) structurally
C) cyclically
Housewife
A term traditionally used for a woman who manages the household's daily operations and is not employed outside the home.
Labor Force
The total number of people who are currently employed or actively seeking employment within an economy.
- Identify different types of unemployment and their characteristics.
Verified Answer
GA
Giovanna AddisMar 10, 2024
Final Answer :
A
Explanation :
Frictional unemployment refers to the temporary unemployment experienced by individuals who are between jobs or transitioning from one job to another. In the given scenario, the housewife has been out of the labor force for 20 years, and it may take her some time to find a suitable job that matches her skills and experience. Therefore, she would be classified as frictionally unemployed until she finds work. The other types of unemployment (structurally and cyclically) do not apply to this scenario.
Learning Objectives
- Identify different types of unemployment and their characteristics.