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23 June, 23:15

Chelsea was a manager at a vinyl records store who recently quit because she felt the recent popularity of vinyl is a current fad that will eventually fade away. She is now actively looking for a job in the hospitality industry. Chelsea is considered:

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  1. 24 June, 02:37
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    Frictionally unemployed

    Explanation:

    Frictional unemployed is the time that a person takes to shift from one job to another job. For the time the employee prefer to work to earn money until the person gets the job. Such type of unemployment in the economy is known as Frictional Unemployment. In this case we can see that Chelsea is frictionally unemployed now because he is searching for a job because of job insecurities.
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