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In practice it makes up around 2%. The remainder in good times is people who were just fired, a few layoffs (since even in booms businesses can fail) and a few
by ls612 6y ago
In practice it makes up around 2%. The remainder in good times is people who were just fired, a few layoffs (since even in booms businesses can fail) and a few people entering the workforce.
- sudosysgen 6y agoSure. That is less than half of the normal unemployement rate.