Sentences with phrase «frictional unemployment»

The lesson aims to explain the following key theory (including the different types of unemployment): * ILO Survey * Structural unemployment * Seasonal unemployment * Cyclical unemployment * Frictional unemployment * Classical unemployment Each type of unemployment includes examples and key definitions.

Economists distinguish a number of types of unemployment, however: cyclical unemployment is brought about by the vagaries of the business cycle; structural unemployment is brought about by changes in the economy or the labour market, when the jobs available do not fit the workforce's skills; frictional unemployment is the phenomenon of people being «between jobs»; and seasonal unemployment is linked to certain types of seasonal jobs, such as farm work and construction.

Today, frictional unemployment for experienced tech engineers, salespeople, marketing stars, and other leads is basically negative, near as I can tell.

Not exact matches

The level of unemployment due solely to both frictional and structural factors, or when cyclical unemployment is zero.