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define the following concepts (quote sources and interpret): frictional unemployment structural unemployment cyclical unemployment identify from the BLS report an example for each briefly explain

  1. define the following concepts (quote sources and interpret):
    • frictional unemployment
    • structural unemployment
    • cyclical unemployment
  2. identify from the BLS report an example for each
    • briefly explain how the phenomenon matches the definition
    • if you find there is no example, then explain (I think there are examples, but what do you think?)

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