Question

Assume that Kyle is temporarily unemployed because he has voluntarily quit his job with company A and will begin a better job next week with company B. Kyle will be considered as: A. cyclically unemployed. B. frictionally unemployed. C. structurally unemployed. D. employed.

Answer 1

Friction ally unemployment

Explanation:

Friction ally unemployed is a concept related to jobless workers. they are looking for a job. It doesn't matter that they are fired from the job or voluntarily they have been left the job. It is the normal behavior of the job. It occurs for a short period because it is natural unemployment or it is a type of lowest unemployment in a healthy economy but in some aspects, it slows down the economy of a country. There is another unemployment also exist like structural unemployment that occurs due to unmatched employer needs to the employee needs.