Multiple Choice Questions on Frictional unemployment is also known as........ for Combined State Civil Services Preparation

Poverty and employment

Indian Economic System(CSC)

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Indian Economy - Understanding the basics of Indian economic system

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Study Notes

    Frictional unemployment is also known as

    Disguised unemployment

    Incorrect Answer

    Turnover unemployment

    Correct Answer

    Cyclical unemployment

    Incorrect Answer

    Structural unemployment

    Incorrect Answer
    Explanation:

    Frictional unemployment is also known as Turnover unemployment.
    Frictional unemployment is always present in the economy, resulting from temporary transitions made by workers and employers or from workers and employers having inconsistent or incomplete information. For example, a first-time job seeker may lack the resources or efficiency for finding the company that has the job that is available and suitable for him and as a result does not take other work, temporarily holding out for the better-paying job.


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