Frictional Unemployment Rate

A Frictional Unemployment Rate is an unemployment rate for frictional unemployment causes.

• See: Natural Unemployment Rate, Beveridge curve.

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References

2013

• http://en.wikipedia.org/wiki/Frictional_unemployment
  • Frictional unemployment is the time period between jobs when a worker is searching for, or transitioning from one job to another. It is sometimes called search unemployment and can be voluntary based on the circumstances of the unemployed individual.

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