Question

should the target rate for unemployment be 0%, explain why or why not?

Answer 1

No the target for any government is not taking it down to as low as to 0% but between 4-5%. Before understanding this meaning we should know frictional and structural unemployment

FRICTIONAL one is due to people want to change their jobs and search for a new one

STRUCTURAL is due to a technological change which causes loss of many jobs

and both are considered to be good for the individual and economy growth as it is a need to move forward. If the government or economy try to control it then it will be a disaster for the economy .so target rate should not be 0%.