Carrie is 21 years old and had just graduated from university. She wants to find a job in the hotel industry but decided to go backpacking for 6 months first. She is Group of answer choices frictionally unemployed. cyclically unemployed. out of the labour force. a discouraged worker.

Carrie is 21 years old and had just graduated from university. She wants to find a job in the hotel industry but decided to go backpacking for 6 months first. She is Group of answer choices frictionally unemployed. cyclically unemployed. out of the labour force. a discouraged worker.

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment

Section: Chapter Questions

Problem 10QP

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Question

Carrie is 21 years old and had just graduated from university. She wants to find a job in the hotel industry but decided to go backpacking for 6 months first. She is

Group of answer choices

frictionally unemployed.

cyclically unemployed.

out of the labour force.

a discouraged worker.

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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