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Frictional unemployment represents the employees switching jobs for more productive and higher paying positions. Such labor mobility is desirable since it assures that the labor force is more efficiently utilized and income is enhanced.
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Especially in the United States, it is common for any employee to seek employment with a different firm, if conditions or salary at the current employer are not satisfactory. In some respect, this employment switching is desirable since employees are able to make better use of their skills. |
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