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SSC Selection Post 2024 PYQ — Question 42

SSC Selection Post - Higher Secondary Level - 21 June 2024 - Shift 2 • General Awareness • Q42

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________ unemployment refers to the time lag between jobs when an individual is searching for a new job or is switching between jobs.

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Correct answer: C

Explanation

The correct answer is Option 3 i.e. Frictional.

  • Frictional unemployment refers to the time period when an individual is searching for a new job or switching between jobs.

  • It is temporary and considered a natural part of the labor market.

  • This type of unemployment includes the time taken by a person to find or change a job.

  • Other types like seasonal, technological, and structural unemployment arise due to different reasons and are not related to the time lag between jobs.

  • Frictional unemployment is viewed as normal and necessary for a healthy economy.