Home » Economic Terms Dictionary » Frictional Unemployment

Definition Of Frictional Unemployment:

Temporary unemployment arising out of the inevitable time lags in the functioning of labor markets, such as the time taken in moving from one job to another.


Other Definition Of Economic Terms:

Friendster
Full Employment
General Equilibrium
General Equilibrium Theory
General Fertility Rate (gfr)
Generalized Preferential Tariff (gpt)

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