Question 23 of 33
Q.Give short note on Frictional Unemployment.
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2024Subjective· 2mImportance★★★★★
70% · 23/33 Questions
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Start your 14-day free trial to unlock the full solution →Frictional unemployment is the brief, unavoidable joblessness of workers in transition between jobs or searching for their first job; it is voluntary and short-lived, not caused by a shortage of aggregate demand.
In the Tamil Nadu HSC Class-12 Economics syllabus, frictional unemployment is studied as one of the recognised types of unemployment.
- It occurs when workers leave one job and take time to find and join another, or when fresh entrants (school/college leavers) search for suitable employment.
- It arises from imperfect information in the labour market — vacancies and job-seekers are not matched instantly.
- It is temporary and, to some extent, unavoidable in any dynamic economy where people change jobs freely. …
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