Question

question 3 (2 points)
listen
jordan recently quit her job as a marketing consultant in washington, d.c. and is looking for a better - paying job with an advertising agency in new york. jordan is considered to be
cyclically unemployed.
structurally unemployed.
not in the labor force.
frictionally unemployed.
a discouraged worker.

Explanation:

• Cyclically unemployed: Occurs due to business - cycle downturns (not relevant here as there's no mention of economic cycle).
• Structurally unemployed: Results from long - term changes in the economy (e.g., skills mismatch). Jordan is just changing jobs, not facing a structural issue.
• Not in the labor force: People not actively looking for work. Jordan is actively seeking a job.
• Frictionally unemployed: Happens when workers are in the process of changing jobs (Jordan quit one job and is looking for another).
• Discouraged worker: Stops looking for work due to lack of hope. Jordan is still looking.

Answer:

frictionally unemployed.