If unemployment equals the natural unemployment rate, then there

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When unemployment equals the natural unemployment rate, it means that the only types of unemployment present are frictional or structural, both of which are considered normal in a healthy economy. Frictional unemployment occurs when people are between jobs or entering the workforce, and structural unemployment happens when there's a mismatch between workers' skills and the jobs available. This does not imply zero unemployment, absence of job openings, or less than full employment in the context of economic definitions.

If Unemployment Equals the Natural Unemployment Rate, Then There