Frictional unemployment

Unemployment is one of the most negative socio-economic phenomena. Its high indicators speak of the plight of the state and the improper organization of management. Although completely consider unemployment a negative phenomenon, too, it is not, it is rather a neutral form, having both its pluses and its minuses. First of all, this form is frictional unemployment.

Frictional type of unemployment is a period of time between dismissal from a former position for one reason or another and switching to a new place of work. Such a process is quite normal in the development of any state, regardless of whether the economy is in a state of recovery or decline. Frictional unemployment is a kind of social mobility, and this mobility can be both vertical and horizontal. Vertical mobility is associated with the transition to a higher-paid position. The horizontal is the most common frictional unemployment. It is understood as moving to a new place of residence, when a citizen is forced to quit his previous place of work and for some time to be in search of a new job that will correspond to his professional skills or other desire (for example, high pay).

Frictional unemployment is made not only by those citizens who quit their jobs, but also those who are just beginning to look for it. These include young professionals who graduated from an educational institution, received a specialty, and now must get a job. To do this is much more difficult for them than for those that have been working for a number of years. Numerous employers pay great attention to experience and length of service, which in fact does not actually exist for beginners.

Frictional unemployment stands somewhat away from all other types of unemployment. Many experts say that it is a phenomenon that only contributes to the development of the economy. When a person leaves his previous place of work, for example, to increase, he thereby allows another unemployed to take his former place. Although even such a fact does not give the right to consider frictional unemployment quite normal, because whatever kind of unemployment is considered, it is still more or less negative, and, therefore, can not be considered completely positive.

In general, frictional unemployment is seen as a factor that does not pose a significant threat to the state's economic and social development. Although its high level, when the number of unemployed sharply increases - this is nothing like a clear symptom of not the best changes in the labor market.

It should be noted that this type of unemployment has some similarity with another type - structural unemployment. The latter is the dismissal of employees who do not fit the requirements set by the employer. An example of structural unemployment may be the following: the employer, in connection with the introduction of computer technologies in the workplace, is forced to fire those workers who do not have the skills to handle such equipment. Instead, the employer will employ new employees who will be well versed in the new kind of work. Apparently, this type of unemployment, despite the similarity with friction, is more dangerous for the economy, since those employees who were laid off will be out of the labor market and not the fact that they will be able to find work in their specialty.

Whichever character friction unemployment is, positive or negative, it is important to constantly monitor its performance and the number of unemployed. Continuous management of these processes is the key to the stable development of the economy and the state as a whole.