Question

What is frictional unemployment? Give examples of frictional unemployment.

Short answer

Frictional unemployment is a type of unemployment.

Step-by-step solution

Step 1. Definition

Frictional unemployment is the period when a worker is chosen to leave their job in search of the new one and the workers join the workforce for the first time.

Step. Examples

These are the examples of frictional unemployment:

1. students: when students completed their studies and look for a job, in this interim period they come under the purview of frictional unemployment.

2. maternity: when working women opt for maternity leave to take care of the child, this short period before returning to the job is frictional unemployment.

3. dissatisfied workers: many employees are fed up with their job may be due to the nature of work or any other reason. Finally, they leave the job and look for a more satisfying job, this period of finding the job they are called frictionally unemployed.