The following relates to employment in a country: Workers unemployed due to mechanization of sugar industry 60
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Question:
The following relates to employment in a country: Workers unemployed due to mechanization of sugar industry 60 000 Workers unemployed due to normal turnover in the labour market 35 000 Workers unemployed due to recessionary conditions 20 000 Workers unemployed and who have given up searching for jobs due to disappointment 50 000 Amount of workers employed 1 035 000 What is the structural unemployment rate?
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