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(Un)employment (Types of unemployment (Structural unemployment, Frictional…
(Un)employment
Two measures of Unemployment
Measure 1
Measure 2
Define underemployment
Factors affecting levels of (un)employment & inactivity
Real wage unemployment
Real wage unemployment
Factors that determine real wage unemployment
Types of unemployment
Structural unemployment
Frictional unemployment
Seasonal unemployment
Cyclical unemployment
Voluntary unemployment
Effects of unemployment
On individuals
On the economy
Effects of increased employment
Define Unemployment
Natural rate of unemployment
Involuntary unemployment