What is the definition of Frictional unemployment? | Dictionary.net

FRICTIONAL UNEMPLOYMENT

\fɹˈɪkʃənə͡l ʌnɛmplˈɔ͡ɪmənt], \fɹˈɪkʃənə‍l ʌnɛmplˈɔ‍ɪmənt], \f_ɹ_ˈɪ_k_ʃ_ə_n_əl ʌ_n_ɛ_m_p_l_ˈɔɪ_m_ə_n_t]\

Definitions of FRICTIONAL UNEMPLOYMENT

1910 - Black's Law Dictionary (2nd edition)

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Measurable time out-of-work, like a contractor who is between contracts. Also, the time for an employee laid off and seeking other work. Temporary unemployment due to time lags job hunting if already out of a job.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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