PRC-3 · Chapter 18 · Question 13 of 33
An accountant quits his job in Lahore to move to Islamabad. He is highly skilled and finds a new job in three weeks. During those three weeks of transition, he is classified as:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Frictionally unemployed
Explanation
Frictional unemployment is temporary, short-term unemployment that occurs when workers are voluntarily between jobs or moving locations.
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