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frictional unemployment

British

noun

those people who are in the process of moving from one job to another and who therefore appear in the unemployment statistics collected at any given time

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

"The spike in the unemployment rate confirms that there will be some frictional unemployment through the next couple of months," said Sarah Hunter, Chief Australia Economist for BIS Oxford Economics.

From Reuters • Nov. 11, 2021

That reflects people who have lost or left jobs and are in the process of moving to another, otherwise known as frictional unemployment.

From Seattle Times • Jul. 2, 2016

Economists call this phenomenon "frictional" unemployment, and some, including Feldstein, are counting it as part of structural unemployment when they use a rate as high as 6% or 7%.

From Time Magazine Archive

There always will be, however, some frictional unemployment.

From State of the Union Address by Truman, Harry S.

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023