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Frictional unemployment occurs when a worker decides to quit one job to seek a different job.
What is frictional unemployment?
Unemployment that is only occasional isn't always a terrible thing. In fact, since it's voluntary, frictional unemployment may be a sign of a strong economy. It indicates that workers are looking for new positions and careers.
That exhibits confidence in the state of the economy, the future, and their own chances. There are plenty of available work positions, even though it might take some time or effort to find your next major move.
Learn more about frictional unemployment here:
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