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A ventriloquist is able to convince you that words are coming from his dummy's mouth because the dummy's mouth movements match the timing of the words actually coming from the ventriloquist. The ventriloquist is making use of the perceptual principle of
Unemployment Rates
The fraction of the whole employment population that lacks a job, however, is actively hunting for one and eager to work.
Prime Working Age
The age range, typically 25 to 54 years, considered most productive and economically active in the workforce.
Natural Rate
A term often used in economics to describe the level of output or unemployment that the economy tends toward in the long run, unaffected by short-term fluctuations.
Unemployment Rate
The percentage of the labor force that is jobless and actively looking for employment, a key economic indicator.
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