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Asked by Jasmine Trinidad on Jun 16, 2024

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The impact of _____ unemployment is removed from official monthly unemployment figures.

A) cyclical
B) structural
C) seasonal
D) frictional
E) involuntary

Official Monthly Unemployment Figures

Official monthly unemployment figures represent the percentage of the labor force that is jobless and actively seeking employment, published by government agencies.

Seasonal Unemployment

Joblessness that occurs at certain times of the year when demand for labor is lower than usual, commonly seen in industries like agriculture, tourism, and retail.

  • Compute the rate of unemployment across different scenarios.
  • Comprehend the process of modifying unemployment statistics to account for seasonal fluctuations.
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Victoria DickowJun 16, 2024
Final Answer :
C
Explanation :
Seasonal unemployment refers to unemployment that is caused by seasonal changes in industries such as agriculture or tourism. This type of unemployment is typically expected and occurs regularly during certain times of the year. As a result, it is often excluded from official monthly unemployment figures in order to provide a clearer understanding of overall economic conditions.

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