Examlex
If the number of employed went up and the number of unemployed went down
Wages Paid
The total compensation provided to employees in exchange for their labor, often based on hourly or monthly rates.
Labor Supply
The total hours that workers are willing and able to work at a given wage rate, across the economy or within a specific sector.
Technological Advances
Innovations and improvements in technology that increase production efficiency, create new products, or enhance quality of life.
Persistently Rising Employment
Refers to a continuous increase in the number of employed individuals over a period, indicating economic growth and stability.
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