Jobs & Unemployment

I need a dollar, dollar, a dollar is what I need
I need a dollar, dollar, a dollar is what I need

One of the initial misconceptions that non-economists have is that the unemployment rate should be zero. We won’t reach zero unemployment even when an economy is growing rapidly -- the structural and frictional changes required to find new jobs are significant. Economists distinguish three types of unemployment (structural, frictional, and cyclical) in an effort to pin down the root causes of unemployment. 

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