Question

Miriam is actively searching for a new job after she voluntarily quit her job. Miriam is now considered: Group of answer choices Not eligible for future employment Cyclically unemployed Structurally unemployed Frictionally unemployed

Answer 1

Miriam is now considered Frictionally unemployed.

What is cyclically unemployed?

• The portion of overall unemployment that is specifically caused by cycles of economic expansion and contraction is known as cyclical unemployment.
• Typically, unemployment increases during economic downturns and decreases during boom times.

What is structurally unemployed?

• When the abilities that people in the economy have to provide and the skills that employers need from employees do not match, structural unemployment results.
• Technological advancements that render many workers' job abilities obsolete frequently cause structural unemployment.

What is frictionally unemployed?

• The time between quitting a job voluntarily and finding another is known as the frictional unemployment period.

• As a result, it is frequently referred to as search unemployment, even though it also takes into account employment gaps caused by changing jobs.

Therefore, Miriam is now considered Frictionally unemployed.

Know more about the economy here:

brainly.com/question/1106682

#SPJ4