explain unemployment and its type and sub types also
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Unemployment isn't defined as a single factor. Instead, it's defined as having multiple components and multiple definitions. Three types of unemployment are most commonly referenced by economists when calculating the unemployment number - structural unemployment, cyclical unemployment, and frictional unemployment.
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Unemployment isn't defined as a single factor. Instead, it's defined as having multiple components and multiple definitions. Three types of unemployment are most commonly referenced by economists when calculating the unemployment number - structural unemployment, cyclical unemployment, and frictional unemployment.
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