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单词 frictional unemployment
释义 frictional unemployment

The unemployment that would exist because, as people change jobs because some sectors of the economy grow and others contract, it is not practicable to dovetail precisely leaving old jobs and starting new ones. At times of fairly full employment, frictional unemployment may form an appreciable fraction of total unemployment. Under conditions of high unemployment its contribution is probably negligible, except in sectors with localized labour shortages.

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更新时间:2024/11/11 5:57:22