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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