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Multiply using the rule for the product of the sum and difference of two terms. Assume any variable exponents represent whole numbers.
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Actual Rate of Unemployment
The proportion of the labor force that is jobless and actively looking for employment at any given time.
Labor Force
The total number of people available to work, including both the employed and the unemployed individuals actively seeking employment.
Adult Population
The segment of the population that comprises individuals considered legally old enough for adult responsibilities, typically measured from a certain age.
Unemployment Spells
Periods during which an individual is unemployed and searching for a job.
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