Friday, August 7, 2009

"full employment" exists when unemployment rate equals?

Typically 4%, I believe, but I would Google it to be certain.



%26quot;full employment%26quot; exists when unemployment rate equals?unsecured loan





It depends. It%26#039;s not necessarily 0%. Historically economists have had a range of opinions on what unemployment rate constitutes full employment.



%26quot;full employment%26quot; exists when unemployment rate equals? loan



full employment means that all resources are employed and utilized.



for a specific %, economists have different views on standard unemployment % or full employment rate depending on various economists%26#039; political biases, country, and time...|||the structural unemployment rate. That is, there is a certain amount of unemployment that naturally exist in a market in equalibrium as people move around jobs and prepare to exit and enter the workforce (looking for jobs). This structural unemplyment is not defined precisely but somewhere between 3-5 % is probably right.

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