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The River - Bruce Springsteen
I got a job working construction for the Johnstown Company
Economists divide unemployment into three categories: frictional, structural, and cyclical. What type of unemployment does Bruce Springsteen suffer from? What is today’s unemployment rate? How much of today’s unemployment is frictional unemployment? How much is structural unemployment? How much is cyclical unemployment?
[Provided by Simon Medcalfe (Brenau U.)]