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What Is Frictional Unemployment Defined As?
3:00
YouTubeMacroecon Experts
What Is Frictional Unemployment Defined As?
Ever wondered what causes those gaps between jobs even in a healthy economy? This video breaks down the concept of frictional unemployment, a natural and often temporary aspect of the job market. In this concise explanation, you'll discover: The precise definition of frictional unemployment and its key characteristics. Why this type of ...
11 hours ago
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