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What is involuntary unemployment

What is involuntary unemployment: The people who are willing to work at given wage rate do not obtain work.

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    Q : Influences on union nonunion wage

    Significant influences on union non-union wage differentials comprise the: (1) Proportion of an industry which is unionized and the frequency of strikes. (2) Frequency of strikes, inflation and the collective bargaining policies. (3) Collective bargai