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8 January, 10:00

Why is the government concerned with the definition of unemployment?

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  1. 8 January, 12:28
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    When workers are unemployed, they, their families, and the country as a whole lose. Workers and their families lose wages, and the country loses the goods or services that could have been produced. In addition, the purchasing power of these workers is lost, which can lead to unemployment for yet other workers.
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