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Most Spells of Unemployment Are Short, and Most Unemployment Observed

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Most spells of unemployment are short, and most unemployment observed at any given time is long term. How can this be?


Definitions:

Narrative View

A perspective that emphasizes the importance of storytelling and narratives in understanding human experiences and constructing meaning.

Personality

A unique set of emotional, cognitive, and behavioral patterns that define an individual.

Social-cognitive Learning

A theory that posits learning occurs in a social context with a dynamic and reciprocal interaction of the person, environment, and behavior.

Existentialism

A philosophical approach that emphasizes the inevitable dilemmas and challenges of human existence.

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