Asked by Nicholas Malmquist on May 07, 2024
Verified
The unemployment that results from the process of matching workers and jobs is called frictional unemployment.
Frictional Unemployment
Unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills
- Acquire knowledge about the different forms of unemployment: structural and frictional, as well as their underlying reasons.
Verified Answer
JL
Jahnyla LewisMay 09, 2024
Final Answer :
True
Explanation :
Frictional unemployment occurs when there is a temporary mismatch between the skills and preferences of workers and the requirements of available jobs, typically during the process of changing jobs or entering the workforce.
Learning Objectives
- Acquire knowledge about the different forms of unemployment: structural and frictional, as well as their underlying reasons.