Lesson summary: Unemployment (article) | Khan Academy
https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/economic-iondicators-and-the-business-cycle/unemployment/a/lesson-summary-unemployment
WebWhile the official unemployment rate is helpful in representing the state of a nation’s workforce, it does have some shortcomings that should be considered, such as excluding discouraged workers. There are three types of unemployment that economists describe: frictional, structural, and cyclical.
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