A recent graduate from HIM spends 3 months searching for her ideal hotel management position. This is an example of:

Question

BlackTom AI · Accepted Answer

Consider the scenario described: a recent graduate is actively seeking a specific job in hotel management and spends a period of time (3 months) searching for that position.
Option a: Frictional unemployment. This term refers to short-term unemployment that occurs as people move between jobs, enter the workforce, or search for a job that better matches their skills and preferences. The graduate is between jobs and is voluntarily searching for a suitable match, which fits frictional unemployment.
Option b: Cyclical unemployment. This type arises from a downturn in the overall economy, when aggregate demand falls and jobs are lost across many sectors. The graduate’s situation is not caused by a weak economy; it’s due to personal job search, so this is not correct.
Option c: Structural unemployment. This happens when there is a mismatch between workers’ skills and the available jobs, often due to long-term changes in the economy or technology. In this case, there’s no indication that the graduate’s skills no longer align with hotel management jobs; the issue is timing and fit, not a skills gap, so this is unlikely.
Option d: Discouraged worker effect. This refers to individuals who have stopped looking for work because they believe no jobs are available, often after extended search or repeated rejections. The scenario specifies ongoing searching, so the discouraged worker effect does not apply.
Thus, the most accurate label for this situation is frictional unemployment, as it captures the temporary, transitional nature of moving between jobs while seeking a suitable position.

EC301 Principles of Macroeconomics

A recent graduate from HIM spends 3 months searching for her ideal hotel management position. This is an example of:

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