After resigning from a payroll post, a worker is available to start immediately. She spends five weeks sending applications and attending interviews before accepting a new payroll job. What type of unemployment most likely applies during these five weeks?
Seasonal, because demand for the worker's services regularly changes during the year.
Cyclical, because lower total spending means firms across the economy require fewer workers.
Structural, because the worker's skills no longer correspond to those required by employers.
Frictional, because it takes time for workers and employers to find each other.
65 exam-style questions on OCR GCSE Economics 3.2 Low unemployment, covering 3.2.1 Employment and unemployment, 3.2.2 Measuring unemployment, 3.2.3 Calculate the unemployment rate, 3.2.4 Analyse unemployment figures, 3.2.5 Types of unemployment, and 3.2.6 Causes and consequences of unemployment. Each one has a worked solution and a mark scheme showing where the marks go.