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4.2.3.2 Employment and unemployment
Types of Unemployment
Frictional unemployment
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What is Frictional unemployment?:
Occurs when people are
inbetween
jobs
What is Frictional unemployment?:
Occurs when people are
inbetween
jobs
An example of frictional unemployment is a
school
leaver who has just finished their
studies
Frictional unemployment is caused by the
time
to move between
jobs
Frictional unemployment occurs when people are moving from
one
job to
another
, but have
not
yet found the
next
job.