The invention of the Internet has reduced frictional unemployment because it allows for workers and employers to find each other more quickly.
Frictional Unemployment- Short-term unemployment is defined as frictional unemployment. Frictional unemployment occurs when a person is actively looking for work or a new career. Frictional unemployment is not always a bad thing. Indeed, because frictional unemployment is voluntary, it can indicate a healthy economy.
Frictional unemployment is a type of unemployment that reflects the time between someone leaving a job voluntarily and finding another. As a result, it is sometimes referred to as search unemployment, though it also includes gaps in employment when switching jobs.
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