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Why is a change in the age structure of the population, increasing the proportions of young or old workers in the labour force, likely to change the natural rate of unemployment?

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Why is a change in the age structure of the population, increasing the proportions of young or old workers in the labour force, likely to change the natural rate of unemployment?

Answered Same Day Dec 21, 2021

Solution

David answered on Dec 21 2021
123 Votes
Why is a change in the age structure of the population, increasing the proportions of young or old
workers in the labor force, likely to change the natural rate of unemployment?
Ans.
Natural level of unemployment is synonymous to full level of employment because it is that
level of unemployment at which all the members of the cu
ent labor force who are willing to
work and...
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