Unemployment is one of the most negative socio-economic phenomena. Its high indicators indicate the state of poverty and inadequate management organization. Although unemployment should not be fully considered a negative phenomenon, it is rather a neutral form, which has its pluses and minuses. First of all, frictional unemployment is of this form.
The frictional type of unemployment is the period between the dismissal from a previous position for one reason or another and the transition to a new job. Such a process is a completely normal phenomenon in the development of any state, regardless of whether the economy is in a state of rise or fall. 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. Horizontal is the most common frictional unemployment. It means moving to a new place of residence when a citizen is forced to quit his previous job and for some time be in search of a new vacancy that will correspond to his professional skills or other desire (for example, high wages).
Frictional unemployment is not only those citizens who quit their jobs, but also those who are just starting to look for them. This includes young professionals who graduated from an educational institution, received a specialty, and now must get a job. It is much more difficult for them to do this than for those that have been working for more than a year. Numerous employers pay great attention to experience and experience, which novice specialists actually do not have.
Frictional unemployment stands somewhat apart from all other types of unemployment. Many experts are of the opinion 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 gives the opportunity to another unemployed to take his former place. Although even such a fact does not give the right to consider frictional unemployment to be completely normal, because no matter what type of unemployment is considered, it is still more or less negative and, therefore, cannot be considered completely positive.
In general, frictional unemployment is considered as a factor that does not constitute a significant threat to the economic and social development of the state. Although its high level, when the number of unemployed increases sharply, it is nothing but a striking symptom of not the best changes in the labor market.
It should be noted that this type of unemployment has some similarities with another type - structural unemployment. The latter is the dismissal of workers who do not fit the requirements set by the employer. An example of structural unemployment can be the following: an employer, in connection with the introduction of computer technology to workplaces, is forced to dismiss those workers who do not have the skills to handle such equipment. Instead, the employer will recruit new employees who will be well versed in the new type of work. As you can see, this type of unemployment, despite being similar to frictional, is more dangerous for the economy, since those workers who were laid off will be left out of the labor market and not the fact that they can find work in their specialty.
Whatever the nature of frictional unemployment, 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.