Economics Homework Help

Saudi Electronic University Equilibrium in Labor Market Discussion

 

Help me study for my Economics class. I’m stuck and don’t understand.

Topic: “When the labour market is in equilibrium, it means that the number of jobs in the economy is equal to the number of people willing and able to work (the labour force). Why it then that there will is always be unemployment in the economy, even when the labour market is in equilibrium (even when there is a job for everyone)?” Discuss