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The communication process begins with the transmission of a message through a medium.
Official Unemployment Rate
A measure expressed as a percentage, indicating the number of unemployed individuals actively seeking employment relative to the total labor force.
Unemployment Spells
Periods during which an individual is without work but available for and seeking employment.
Unemployment Spells
Periods during which an individual is out of work and actively seeking employment but unable to find a job.
Long-Run Unemployment
Unemployment that persists in an economy for an extended period, typically occurring due to structural changes in the economy such as technological advances or shifts in consumer demand.
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