JAMB Economics 2020 Objective — Question 50
Question 50 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2020 Objective paper, with the correct answer and a full explanation.
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If Mr. X lost his clerical job at a store and searched for a similar job for ten months before finding one, this implies that Mr. X was
- A. structurally unemployed
- B. frictionally unemployedCorrect
- C. seasonally unemployed
- D. cyclically unemployed
Explanation
Spending months searching for a similar job after losing one is a classic case of frictional (search) unemployment.
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