Question

The accompanying list describes the responses of four individuals to a bureau of labor statistics (bls) survey of employment. 1. mollie just graduated from college and is now looking for work. she has had three job interviews in the past month but still has not gotten a job offer. 2. george used to work in an automotive assembly plant. he was laid off six months ago as the economy weakened. he expects to return to work in a few months when national economic conditions improve. 3. jeanette worked as an aircraft design engineer for a company that produces military aircraft until she lost her job last year when the federal government cut defense spending. she has been looking for similar work for a year, but no company seems interested in her aircraft design skills. 4. ricardo lost his job last year when his company downsized and laid off middle-level managers. he tried to find another job for a year but was unsuccessful and quit looking for work. which individual is frictionally unemployed?

Answer 1

Frictional unemployment is the unemployment that fallouts from period consumed between jobs when an employee is looking for, or moving from one occupation to another. It is otherwise known as search unemployment and can be grounded on the conditions of the individual. So the answer is letter a, Mollie is the frictionally unemployed since she is looking for a job for 3 months already. She is searching and waiting for a job.