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.
Unemployment rates ebb and flow with business cycle phases. We all saw this when unemployment rates increased in the United States during the 2008 recession. What ... Unemployment rates ebb and flow with business cycle phases. We all saw this when unemployment rates increased in the United States during the 2008 recession. What we observed was called cyclical unemployment, and it usually accompanies slow economic growth. It can take many years for unemployment rates to return to pre-recession levels, even after real GDP per capita growth has bounced back. Why is that?