Correct Answer: Frictional unemployment

Solution : The correct option is Frictional unemployment.

Frictional unemployment , also known as search unemployment, occurs when workers lose their current jobs and are in the process of finding another one. This type of unemployment is often temporary and occurs due to the natural transitions that occur in the labour market as workers move between jobs or enter the workforce for the first time. It can also result from workers voluntarily leaving their jobs to seek better opportunities.