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.
Definition: Cyclical unemployment is when workers lose their jobs because of downturns in the business cycle. You can tell when the economy contracts by measuring gross domestic product. If the economy contracts for two quarters or more, it's in a recession. Cyclical unemployment is usually the main cause of high unemployment.