Labor Force:The labor force comprises all working-age people who are willing and able to work, including both employed and unemployed individuals.
Economic Growth:Economic growth refers to an increase in the production of goods and services in an economy over time, often leading to better job opportunities and lower unemployment rates.
Recession: A recession is a period of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in two successive quarters, often leading to higher unemployment rates