Unemployment: Meaning (information, definition, explanation, facts)
On this page about Unemployment:
Encyclopedia: Unemployment
Unemployment is the condition of not having a job, often referred to as being "out of work", or unemployed. Not having a job when a person needs one, makes it difficult if not impossible to meet financial obligations such as purchasing food to feed oneself and one's family, and paying one's bills; failure to make mortgage payments or to pay rent may lead to homelessness through foreclosure or eviction. Being unemployed, and the financial difficulties and loss of health insurance benefits that come with it, may cause malnutrition and illness, and are major sources of mental stress and loss of self-esteem which may lead to depression, which may have a further negative impact on health.
In economics, unemployment refers to the condition and extent of joblessness within an economy, and is measured in terms of the unemployment rate, which is the number of unemployed workers divided by the total civilian labor force.
Translations
How to say "Unemployment" in other languages:
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(Chinese) | 失業 |
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(Japanese) | 失業 |
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(German) | Arbeitslosigkeit |
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(Spanish) | Desempleo |
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(French) | Chômage |
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(Italian) | Disoccupazione |
Search results
The natural rate of unemployment is a concept developed by economists Milton Friedman and Edmund Phelps. It refers to the minimum sustainable unemployment rate. If the unemployment gets below the natural rate, inflation tends to take off. Because there is nothing natural about unemployment, many...
A negative, or inverse relationship is a mathematical relationship in which one variable decreases as another rises. For example, there is an inverse relationship between education and unemployment. That is to say that as public education increases, the rate of unemployment decreases...
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The New Deal is the name of a scheme introduced in the United Kingdom by the year-old Labour government in 1998. The purpose was to reduce unemployment by providing training, subsidised employment and voluntary work to the unemployed. Spending on the New Deal was £1.3 billion in 2001...
unemployment or underemployment. To economists, it means the lowest level of unemployment that can be... unemployment above the level of the "natural" rate of unemployment, i.e., the unemployment rate there is no cyclical or deficient-demand unemployment. If the unemployment rate stays below this "natural" or...
change in the rate of unemployment and the difference between actual and potential real GDP. It is...-period under consideration. Okun's "law" is often mentioned in discussions about the NAIRU: unemployment above this inflation-threshold unemployment rate corresponds to real gross domestic product below...
Pironchamps is an old Carolingian municipality, in what is now Belgium, which, in 1979, amalgamated with the municipality of Farciennes. For many years, it was the poorest commune of Wallonia, with a population made up primarily of unemployed people...
in the United States to circumvent paying unemployment insurance taxes, as mandated by the Unemployment Tax Act of 1939. In all 50 states, each employer is given a variable "experience" or "unemployment insurance" rate, depending on various factors, including worker retention. Some businesses retain...
"full employment" unemployment rate is sometimes termed the "natural rate of unemployment" or the "inflation-threshold unemployment rate": if actual unemployment falls below the NAIRU, the inflation rate... unemployment and the rate of inflation (measured as annual nominal wage growth of employees) for a number of...
In economics, the Phillips curve is a supposed relationship between inflation and unemployment... unemployment in the British economy in the century up to 1958 - when inflation was high, unemployment was low, and vice versa. Drawn on a graph with inflation on the vertical axis and unemployment on the...
失業
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