Frictional unemployment is always present in an economy, so the level of involuntary unemployment is properly the unemployment rate minus the rate of frictional unemployment.
22.
Frictional unemployment could be remedied through the use of planning law and subsidies to draw the location of industry to the door of the labourer.
23.
Frictional unemployment is always present in an economy, so the level of involuntary unemployment is properly the unemployment rate minus the rate of frictional unemployment.
24.
"' Frictional unemployment "'is the unemployment that results from time spent between jobs when a worker is searching for, or transitioning from one job to another.
25.
Another advantage of economic planning from the neoclassical perspective is the ability to eliminate unemployment ( with the exception of frictional unemployment ) and business cycles.
26.
This type of " full employment " unemployment would correspond to only frictional unemployment ( excluding that part encouraging the McJobs management strategy ) and would thus be very low.
27.
Some sources lead to losses in only some households in a community like noncommunicative illness or frictional unemployment whereas others hit all households at the same time like drought, inflation or financial crisis.
28.
Consistent with classical unemployment, frictional unemployment occurs when appropriate job vacancies exist for a worker, but the length of time needed to search for and find the job leads to a period of unemployment.
29.
Structural unemployment is similar to frictional unemployment since both reflect the problem of matching workers with job vacancies, but structural unemployment covers the time needed to acquire new skills not just the short term search process.
30.
Most readers would interpret this statement as referring to only cyclical, deficient-demand, or " involuntary " unemployment ( discussed below ) but not to unemployment existing as " full employment " ( mismatch and frictional unemployment ).
