Unemployment is not considered natural if it is cyclical, institutional, or policy-based unemployment. Because of natural unemployment, 100% full employment is unattainable in an economy.
Fact checked by Vikki Velasquez A president’s economic policies in office can markedly affect the unemployment rate. The ...
Results of the latest Labor Force Survey showed the Philippines continues to suffer from cyclical unemployment characterized by seasonality of jobs, the group said. “Beyond the jobs data that ...