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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With F
  5. Frictional Unemployment

Frictional Unemployment

Definition of 'Frictional Unemployment'

The irreducible minimum level of unemployment in a dynamic society.

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Related Terms

Classical UnemploymentVoluntary UnemploymentBusiness CycleInvoluntary UnemploymentStagflationSupply-Side EconomicsUnemploymentUnemployment Rate

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