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Essay heading: unemployment
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Social Issues |
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| Date added: |
September 30, 2004 |
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3 / 655 |
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Frictional unemployment arises because workers seeking jobs do not find them immediately. While looking for work they are counted as unemployed.3 This could happen if suppose a person loses a job, perhaps because the work is finished. For example a construction craftsman when the job is finished; or it could happen to an actor or actress when the show closes...
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It will ordinarily take some time before that person finds another job. But while construction workers and entertainers can ordinarily expect to face this problem from time to time, it is something that can happen to anyone employed. People who are simply between jobs, in this sense, are said to be frictionally unemployed...
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