Frictional unemployment

Cards (5)

  • 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.