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Question
“It is short-term unemployment occurring, as people transit between jobs.”
On the basis of given definition, identify the type of unemployment indicated.
Options
Disguised Unemployment
Seasonal Unemployment
Open Unemployment
Frictional Unemployment
MCQ
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Solution
Frictional Unemployment
Explanation:
Frictional unemployment refers to short-term unemployment that occurs when individuals are temporarily between jobs, due to career transitions, job searches, or shifts from one job to another. It is a natural part of a dynamic economy.
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