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.
Cyclical Unemployment and the Business Cycle Cyclical unemployment is directly related to the level of macroeconomic activity, which is the aggregate, or combined, activity of all persons and entities involved in an economy. This aggregate activity is cyclical instead of linear - economic activity tends to rise and fall, instead of always rising or always falling.