internet job​ sites, like​ monster.com, have led potential employees to find jobs via the internet almost instantly. this has caused part 2 a. a fall in structural unemployment. b. a rise in frictional unemployment. c. a rise in cyclical unemployment. d. a fall in frictional unemployment.

Answer :

According to the given statement:

Internet employment sites such as monster.com have enabled potential employees to discover jobs practically instantaneously. This has resulted in a decrease in frictional unemployment.

The correct option is D.

What precisely is frictional unemployment?

Frictional unemployment is a type of unemployment that reflects the time between someone quitting a job voluntarily and finding another. As a result, it is commonly referred to as search unemployment, albeit it also encompasses breaks in work when switching jobs.

Why then is frictional unemployment beneficial?

Frictional unemployment is indeed an indicator of a thriving economy since it demonstrates that individuals are confident in leaving their current work to pursue another career that better meets their preferences.

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