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Frictional Unemployment
The short-term unemployment that arises from the process of workers moving between jobs or into the labor market.
Voluntary Quits
The act of employees leaving their job out of their own volition, often indicative of a strong job market or better opportunities elsewhere.
Job Seekers
Individuals actively looking for employment or exploring the job market.
Unemployed Workers
Unemployed workers are individuals actively seeking employment but are unable to find work, forming part of the labor force.
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