Decline in the size of the labor force? why is a positive, Ask an Expert

Economics

How is the labor force defined and who measures it? How is the unemployment rate find outd? Does an increase in the unemployment rate necessarily mean a decline in the size of the labor force? Why is a positive unemployment rate-one more than zero percent-fully compatible with full employment?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M947865

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