Examlex
A product idea is an idea for a possible product a company can offer the market,while a product concept is a detailed version of the idea stated in meaningful consumer terms.
Marginally Attached Workers
Individuals who are not currently in the labor force but indicate that they want and are available for a job and have looked for work sometime in the recent past but not actively in the current period.
Cyclical Unemployment Rate
The cyclical unemployment rate measures the fluctuation in unemployment due to the ups and downs of economic cycles, reflecting the overall health of an economy.
Natural Rate of Unemployment
The level of unemployment expected in an economy when it is operating at full capacity, not influenced by short-term economic fluctuations.
Labor Underutilization
A situation where workers' skills, time, or abilities are not fully utilized in their current employment situation.
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