Part-time Employment and Full-time Job Search

Part-time Employment and Full-time Job Search

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Question

An individual who is employed part time but who is looking for a full-time job is classified as

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A. B. C. D.

B

Since the individual is currently employed he or she is considered employed, technically. Such a person is underemployed but not technically unemployed.

The correct answer is A. frictionally unemployed.

Frictional unemployment refers to the temporary unemployment that occurs when an individual is between jobs or searching for a new job. It is a natural part of the labor market as people transition from one job to another. In this case, the individual is employed part-time but actively seeking a full-time job, indicating that they are temporarily unemployed due to their desire to find better employment opportunities.

Option B, employed, is incorrect because the individual is currently working part-time but is actively seeking full-time employment. Although they have some form of employment, they are not fully employed, which makes them a candidate for frictional unemployment.

Option C, structurally unemployed, refers to a type of unemployment that arises from changes in the structure of the economy, such as technological advancements or shifts in consumer demand. It does not apply to the individual in question because their unemployment is not due to structural factors but rather their personal preference for a full-time job.

Option D, cyclically unemployed, occurs as a result of fluctuations in the business cycle. During economic downturns or recessions, there may be a decrease in overall economic activity, leading to layoffs and unemployment. However, the individual in this scenario is not affected by such macroeconomic factors; they are voluntarily seeking a full-time job and are not experiencing unemployment due to cyclical factors.

In summary, the individual who is employed part-time but looking for a full-time job is classified as frictionally unemployed because they are temporarily between jobs and actively seeking new employment opportunities.