Frictional Unemployment Occurs Because

question 88

Multiple Choice

Frictional unemployment occurs because

• A)it takes time to find a job.
• B)people have insufficient skills.
• C)of economic booms.
• D)of recessions.
• E)of inflation.

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Definitions:

Organizational States

Different phases or conditions in which an organization operates, reflecting its growth, stability, or decline.

Trend Analysis

The practice of collecting data and attempting to spot a pattern, often used in financial markets, but also applicable in analyzing operational and business metrics.

Operational Index

An Operational Index is a measurement tool used to gauge the efficiency, performance, or productivity of business operations.

Demand For Labour

This is the number of workers employers are willing and able to hire at a given wage rate in a specific market.