frictional unemployment Meaning in Cambridge Business English Dictionary
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Meaning of "frictional unemployment" - Business English Dictionary

frictional unemployment

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 , structural unemployment
(Definition of frictional unemployment from the Cambridge Business English Dictionary © Cambridge University Press)
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