TwilightUzumaki
Answered

Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

THIS IS AN ECONOMICS QUESTION

When economists and policy makers talk about full employment, they do not mean 100 percent employment, rather they mean reaching a certain point that still leaves a portion of the labor force unemployed. Why is this the case and what are the kinds of unemployment that exist that do not allow us to reach 100 percent employment?

Sagot :

Employment cannot reach 100 percent because there is always unemployment. The kinds of unemployment that do not allow 100 percent employment are frictional, structural, cyclical and seasonal unemployment
We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.