Holding other factors constant,the implementation of a federal job retraining program would likely

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A federal job retraining program would specifically target individuals who are structurally unemployed due to changes in technology or industry restructuring. By providing training and skills necessary for these individuals to transition into other industries or occupations, this program would reduce structural unemployment and therefore the natural rate of unemployment. It would not necessarily have an effect on cyclical or frictional unemployment.

Holding Other Factors Constant,the Implementation of a Federal Job Retraining