Question

define unemployment?​

Answer 1

Unemployment, according to the OECD, is 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.

Answer 2

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Unemployment is a situation when a person actively searches for a job and is unable to find work.Unemployment indicates the health of the economy.The unemployment is the most frequent measure of unemployment.