Examlex
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Recessionary Period
A time characterized by a significant decline in economic activity across the economy, lasting more than a few months.
Voluntarily Switching Jobs
The act of an employee choosing to leave one job for another, often for better pay, benefits, or working conditions.
Seasonal Unemployment
Unemployment caused by seasonal changes in the demand for certain kinds of labor.
Official Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment, as calculated by government statistics.
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