Which of the following is not true: Question 4 options: An unemployed leather ma

Question

Which of the following is not true: Question 4 options:

An unemployed leather maker is most likely to be considered to be structurally unemployed.

A new college graduate looking for his or her first professional job may experience frictional unemployment.

Cyclical unemployment is unemployment that is in excess of that associated with the full employment of employment.

A real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California is considered to be cyclically unemployed.

Explanation / Answer

A real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California is considered to be cyclically unemployed. because this type of unemployment will be considered as frictional unemployment. since Frictional unemployment is the time period between jobs when a worker is searching for, or transitioning from one job to another. It is sometimes called search unemployment and can be based on the circumstances of the unemployed individual.

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