Examlex
Development progresses through the interaction of biological, environmental, and psychological forces according to the idea of:
Structural Unemployment
A form of unemployment caused by a mismatch between the skills held by the unemployed and the skills demanded by the prevailing job market.
Natural Rate Of Unemployment
The level of unemployment consistent with a stable rate of inflation, where labor market is in equilibrium.
Unemployed Workers
Individuals who are without a job but are actively seeking employment.
Sectoral Shifts
Changes in economic activity or labor market demand across different sectors or industries over time.
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