Is there any unemployment when an economy has “full employment”? If so, what types?
Answer ) frictional and structural are two types of unemployment exist even in time of full employment.
Full employment is a situation where all who are willing to work are getting work at existing minimum wage and in this situation frictional and structural unemployment exists. The reason is that they are temporary
Frictional unemployment is not a direct result of economic factors and occurs when workers search for jobs.
structural unemployment is caused by shifts in the economy that make it difficult for workers to find employment
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