Frictional unemployment

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Frictional unemployment is unemployment that occurs as workers move between jobs.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Frictional unemployment. Unemployment that occurs as workers move between jobs.

According to Macroeconomics by Mankiw (7th edition),

Frictional unemployment. The unemployment that results because it takes time for workers to search for the jobs that best suit their skills and tastes. (Cf. structural unemployment.) Full-employment budget deficit]]. See cyclically adjusted budget deficit.
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