Chapter 7: Problem 27
What is structural unemployment? Give examples of structural unemployment.
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Key Concepts
These are the key concepts you need to understand to accurately answer the question.
Chapter 7: Problem 27
What is structural unemployment? Give examples of structural unemployment.
These are the key concepts you need to understand to accurately answer the question.
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Get started for freeOver the long term, has the U.S. unemployment rate generally trended up, trended down, or remained at basically the same level?
Under what condition would an increase in the unemployment rate be a positive sign?
Why do you think that unemployment rates are lower for individuals with more education?
If many workers become discouraged from looking for jobs, explain how the number of jobs could decline but the unemployment rate could fall at the same time.
What is frictional unemployment? Give examples of frictional unemployment.
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