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Other types of unemployment are born from that fear: Hidden Unemployment: Unemployment that is not counted in the official statistics, because the definition of unemployment requires not only lack of working, but also 1) being willing/able/available to work, and 2) having actively sought work within the past month.
Thus the truly disheartened, who have given up and opted out of the market, are not employed but are also not accounted for in unemployment statistics. Under Unemployment: A type of hidden unemployment when people are working less than they would like -- settling for a part-time job when they want a full -- or in positions in which their skills are underutilized.
Frictional unemployment necessarily exists because markets are heterogeneous: Every job is not the right fit for every person any more than every relationship is.
The ideal unemployment rate accounts for frictional unemployment because it's a good thing.
In the dating market, this is the laundry list of awesome traits rarely sought after in personal ads: clinginess, nagging, chronic jealousy...
Frictional Unemployment: (aka Voluntary Unemployment, Search Unemployment, and Good Single) Defined as the search period between voluntarily leaving one job and landing a better one.Leaving a relationship and leaving a job require a similar courage of being willing to be alone or without a paycheck -- forfeiting financial and emotional security -- for an unknown period.The willingness to leave, without something lined up to replace it, means that after sizing up both the market and the competition, people are confident not only that they won't be single forever, but also that they will find a better match.We are the site that helps you take dating at your own pace.We love bringing singles together in one place, which is why we provide lots of spontaneous ways to get to know each other.In the last four years, unemployment has become the ultimate four-letter word, but singleness -- the dating market equivalent to the labor market's unemployment -- doesn't have to be all doom and gloom.