Examlex
Graph the inequality.
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Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment, indicating the health of an economy.
Labor Force
The aggregate sum of individuals working or in pursuit of work within a nation or area.
Discouraged Workers
Individuals not actively seeking employment because they believe no jobs are available for them.
Frictional Unemployment
A type of unemployment that occurs when individuals are temporarily unemployed while moving between jobs, entering the workforce for the first time, or re-entering the workforce.
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