Economists believe the "full employment" level of unemployment is

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Economists believe that the "full employment" level of unemployment is around 5 percent, as this represents a natural rate of unemployment due to things like people transitioning between jobs or structural changes in the economy. A 0 percent unemployment rate is not realistic or sustainable in the long run, as there will always be some level of unemployment due to factors like frictional or seasonal unemployment. A 2 percent unemployment rate is too low and may lead to inflationary pressures. A 10 percent unemployment rate is too high and indicates a weak labor market with many workers unable to find jobs.

Economists Believe the "Full Employment" Level of Unemployment Is