Emily recently quit her job at a major corporation because she saw little chance for advancement. Although she is still searching for a new position, Emily believes the economy is healthy and she hears that several firms are hiring people with her qualifications. Which of the following statements about Emily's current situation is most accurate

Question

Braylen Sosa

Business

25 December, 03:58

Emily recently quit her job at a major corporation because she saw little chance for advancement. Although she is still searching for a new position, Emily believes the economy is healthy and she hears that several firms are hiring people with her qualifications. Which of the following statements about Emily's current situation is most accurate

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Answers (1)

Know the Answer?

Coby Woods · Answer 1

The answer is: Frictional unemployment

Explanation:

Frictional unemployment happens when workers are unemployed but are looking for work in a healthy economy.

Frictional unemployment can be voluntary, like Emily quitting her job, or involuntary, if she would have been fired. Also frictional unemployment can happen when you are seasonally out of job (a ski instructor only works during the winter) or your labor contract has finished.