emollient - toiletry consisting of any of various substances in the form of a thick liquid that have a soothing and moisturizing effect when applied to the skin ointment, cream cold cream, coldcream, face cream, vanishing cream - a cream used cosmetically (mostly by women) for softening and cleaning the skin
DEFINITION of 'Frictional Unemployment'. Unemployment that is always present in the economy, resulting from temporary transitions made by workers and employers or from workers and employers having inconsistent or incomplete information. Next Up.
The term âtechnological unemployment was first coined in the 1930s by John Maynard Keynes to describe the way in which productivity-enhancing innovation displaces workers and creates periods of higher unemployment. 1  It is linked to structural unemployment.