Frictional unemployment is often thought to explain relatively short spells of unemployment.

Name: Frictional unemployment is often thought to explain relatively short spells of unemployment.
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Frictional unemployment refers to the short-term unemployment that occurs when people are between jobs or entering the workforce for the first time. It's a natural form of unemployment as individuals take time to find a job that best matches their skills and preferences.

Frictional Unemployment Is Often Thought to Explain Relatively Short Spells