People have jobs {employment}|. Full employment is impossible. Need for unskilled labor always decreases over time. Automation displaces workers. People can be training or retraining. Business cycles change demand. Industries have different productivities. Unit-cost increase is greater near full capacity. Time lags delay reaching full capacity.
Social Sciences>Economics>Macroeconomics>Economy>Employment
6-Economics-Macroeconomics-Economy-Employment
Outline of Knowledge Database Home Page
Description of Outline of Knowledge Database
Date Modified: 2022.0224