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Frictional unemployment is also known as
Disguised unemployment
Turnover unemployment
Cyclical unemployment
Structural unemployment
Frictional unemployment is also known as Turnover unemployment. Frictional unemployment is always present in the economy, resulting from temporary transitions made by workers and employers or from workers and employers having inconsistent or incomplete information. For example, a first-time job seeker may lack the resources or efficiency for finding the company that has the job that is available and suitable for him and as a result does not take other work, temporarily holding out for the better-paying job.
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