Meaning of “frictional unemployment” in the English Dictionary


"frictional unemployment" in Business English

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frictional unemploymentnoun [ U ]

uk us 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

(Definition of “frictional unemployment” from the Cambridge Business English Dictionary © Cambridge University Press)