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Social Sciences - Economics
Additional field(s): Government / Politics, Human Resources | | English term or phrase: frictional unemployment | Definition from John S. Irons, Washington DC :
Short-term joblessness associated with mobility. A person who leaves a job to find something better is considered frictionally unemployed. This type of unemployment characterizes workers subject to seasonal work (e.g., construction, agricultural, winter recreational workers, etc.).
Example sentence(s): - Technological change often reduces frictional unemployment, for example: the internet made job searches cheaper and more comprehensive. EconomicExpert.com
- Frictional unemployment is that unemployment caused by information or search costs. Usually when a person quits, is fired, or enters the labor market, there are jobs available for which that person is qualified. The person will be frictionally unemployed because it takes time (and effort) to find the jobs that are available. Robert Schenk
- Finding the open positions and workers available is a large factor in frictional unemployment, even in this Great Recession. newsneconomics.com
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| friktionelle Arbeitslosigkeit | Definition:
friktionelle Arbeitslosigkeit
durch den Wechsel des Arbeitsplatzes bedingte Arbeitslosigkeit, die den Zeitraum der Arbeitsplatzsuche zwischen der Aufgabe der alten Tätigkeit und der Aufnahme einer neuen Beschäftigung bezeichnet. Diese Form der Arbeitslosigkeit ist kurzfristig, kann freiwillig sein (z.B. Eigenkündigung) oder auch unfreiwillig durch Arbeitgeberkündigung. |
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Kim Metzger
Mexico
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