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What purposes do diagnostic labels used by social workers during client assessments serve? Discuss the negative aspects associated with them.
Unemployment Rate
The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.
Labor Force
The total number of people who are employed and unemployed but seeking work within an economy.
Participation Rate
The portion of earnings or benefits that an investor receives, often referring to the level of involvement in a profit-sharing arrangement or the extent to which individuals participate in a specific financial product or market.
Nominal Interest Rate
The interest rate stated on a loan or bond, not adjusted for inflation or other factors that affect the real value of interest earnings.
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