(economics) A type of unemployment explained by a mismatch between the requirements of the employers and the properties (such as skills, age, gender or location) of the unemployed.

(economics) According to the 19th-century German philosopher Karl Marx, unemployment needed by the capitalists in order to maintain work discipline in jobs, keep wages down, and protect business profitability.

(economics) A type of unemployment explained by the demand for labor going up and down with the business cycle.

(economics) The component of overall unemployment caused by too high wage expectations.

(economics) A type of unemployment explained by people being temporarily between jobs, searching for new ones. A labour market is regarded as being in the state of full employment if frictional unemployment is the only kind of unemployment present.

Insurance against loss of earnings during the time that an able-bodied worker is involuntarily unemployed.

Unemployment caused by technological advances. This includes machines and software substituting for human labor, advances in efficiency negating the need for friction-based jobs, and increased data availability undermining professions that rely on information asymmetry.

(often in the plural) Money paid by the government, special-purpose fund or similar to those who are unemployed and looking for work.

Synonym of welfare trap

plural of unemployment trap