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Q: What is Mississippi's employment rate for all types of employment?
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Full employment is a sate in which all those who are able,willing and seeking to work at the previling wage rate can find employment.


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What is the point where the overall economic conditions are all operating at almost 100 of employment?

This point is known as full employment, where the economy is operating at maximum employment levels. At full employment, nearly all individuals who are willing and able to work are employed, leading to a lower unemployment rate and potentially higher wages. However, it is important to note that achieving full employment does not necessarily mean zero unemployment due to factors such as frictional or structural unemployment.


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