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Find the third derivative of the function.
Structural Unemployment
Unemployment that results from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
Cyclical Unemployment
A type of unemployment that results from business cycle fluctuations in the economy, typically increasing during recessions and decreasing during expansions.
Unemployment
A situation where individuals who are capable of working and willing to work cannot find jobs.
Labor Force Participation Rate
This term refers to the percentage of the working-age population that is either employed or actively looking for work.
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