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Jim was laid off from his manufacturing job and has been unemployed for two years. Due to his long-term unemployment Jim has stopped looking for
Jim was laid off from his manufacturing job and has been unemployed for two years. Due to his long-term unemployment Jim has stopped looking for work. Jim is: Select one: a. Frictionally unemployed b. Cyclically unemployed c. Seasonally unemployed d. Structural unemployment e. Not part of the labor force and does not contribute to the unemployment rate
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