Workers temporarily unemployed but who normally find jobs quickly are called?
Tuesday, February 14, 2023
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Question: Workers temporarily unemployed but who normally find jobs quickly are called?
Workers who are temporarily unemployed but who normally find jobs quickly are called "frictionally unemployed". This type of unemployment is often the result of workers leaving one job to look for another, or entering the job market for the first time. Frictional unemployment is generally considered to be a natural and expected part of a healthy labor market, as it allows for job mobility and a more efficient allocation of labor resources. Additionally, advances in technology and changes in the economy can also lead to frictional unemployment as workers adapt to new job opportunities and requirements.
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