Define Unemployment.
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Unemployment, according to the OECD, if persons above a specified age not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force.
In short ::: PEOPLE WHO ARE NOT EDUCATED OR IF THEY ARE EDUCATED BUT DON'T HAVE ANY JOB ARE CALLED AS UNEMPLOYMENT
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1
Answer:
The situation of not able to get a job or a person is not getting or doing any job
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