frictional unemployment

frictional unemployment
frictional unemployment frictional unemployment unemployment

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   Unemployment caused by the time it takes workers to search for a job. This is sometimes inevitable in a changing economy.
   ► See also Unemployment.

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frictional unemployment UK US noun [U] (also search unemployment)
ECONOMICS the state of being temporarily unemployed when you are moving between jobs or looking for your first job: »

When you resign from a job without securing another job, you are entering frictional unemployment.

»

the frictional unemployment rate

Compare SEASONAL UNEMPLOYMENT(Cf. ↑seasonal unemployment), STRUCTURAL UNEMPLOYMENT(Cf. ↑structural unemployment)

Financial and business terms. 2012.

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Look at other dictionaries:

  • frictional unemployment — noun A type of unemployment explained by people being temporarily between jobs, searching for new ones. Labour market is regarded as being in the state of full employment, if frictional unemployment is the only kind of unemployment present …   Wiktionary

  • frictional unemployment — A minimal level of unemployment that will occur in even the most efficient economy. Frictional unemployment exists because of lags between workers leaving one job and taking up another and because there are times of the year when many new workers …   Big dictionary of business and management

  • Frictional Unemployment — Unemployment that is always present in the economy, resulting from temporary transitions made by workers and employers or from workers and employers having inconsistent or incomplete information. For example, a first time job seeker may lack the… …   Investment dictionary

  • frictional unemployment —   period of unemployment when a worker is between jobs …   Geography glossary

  • frictional unemployment — See unemployment …   Dictionary of sociology

  • frictional unemployment — (Economics) temporary unemployment resulting from regular turnover of labor (people moving homes, changing careers, etc.) …   English contemporary dictionary

  • frictional unemployment — noun Economics unemployment due to people being in the process of moving from one job to another …   English new terms dictionary

  • frictional unemployment — noun : the temporary unemployment of resources (as labor) resulting from job changes, imbalance of factors of production, or short term lack of mobility preventing continuous employment …   Useful english dictionary

  • frictional-unemployment — adjective noun …   Wiktionary

  • unemployment — un‧em‧ploy‧ment [ˌʌnɪmˈplɔɪmənt] noun [uncountable] 1. when you do not have a job: • Closure of the plant will mean unemployment for 500 workers. • Most of our staff now face unemployment. 2. ECONOMICS the number of people in a country who do not …   Financial and business terms

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