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.
1 The unemployment rate is a lagged economic indicator as unemployment tends to increase for 2 or 3 quarters after the economy starts to improve. 2  Coincident: A coincident economic indicator is one that simply moves at the same time the economy does. 3  The Gross Domestic Product is a coincident indicator.