Multiple choice

A person who left the job to find another job would be classified as:

  1. fractionally unemployed

  2. structurally unemployed

  3. cyclically unemployed

  4. no longer in the labour force

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

When a person voluntarily leaves one job to search for another better-suited job, this is called frictional unemployment. It's temporary unemployment that occurs during the normal turnover in the labor market as workers transition between jobs. This is natural and even healthy for the economy as it leads to better job matching.