Answer: A person who is without a job because of a normal labor market turnover is frictionally unemployed. For instance, a student who just graduated from school and is looking for a job is frictionally unemployed as is a worker who quit to look for a better job.
Answer: A person who is without a job because of a normal labor market turnover is frictionally unemployed. For instance, a student who just graduated from school and is looking for a job is frictionally unemployed as is a worker who quit to look for a better job.
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