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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.
Temporarily Cause Unemployment
Situations or policies that lead to a short-term increase in unemployment, as workers transition between jobs or industries adjust to new conditions.
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