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Types of Unemployment: Frictional, Structural, Cyclical, and Seasonal

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Types of Unemployment: Frictional, Structural, Cyclical, and Seasonal

We just learned about the labor force, but what about those who are unemployed? What are the reasons that people might be unemployed? What does this signify about an economy? Is it possible or desirable for there to be zero unemployment? Let's dig into this concept now! Script by Matt Beat: https://www.youtube.com/user/iammrbeat Animation by ...

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