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Job flows are typically defined on the basis of the employment changes at the plant level. When calculated in this way, the job creation rate was 22.4% and destruction rate 23.8% in the Finnish business sector in the four-year period 2000-2004. However, when the different occupations (using...
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The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend both on individual duration in a particular state...
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