Answer:
d. unemployment that is due to normal turnover in the labor market.
Explanation:
Friction unemployment occurs when workers are searching for a new job. It takes time for workers to find a job that suits their qualifications and experiences. Workers who leave their current jobs and are seeking new employment are described as frictionally unemployed. Â Employee turnovers refer to workers leaving a company for better opportunities or other reasons.
Frictional unemployment is not harmful to the economy. It is present even when the economy is under full employment. Â An example of frictional unemployment is when a college graduate is searching for a first job. Sometimes the skills and the interest of employees may differ with employers' requirements.