Question

how will you explain the term unemployment?

Answer 1

Unemployment occurs when people are without work and actively seeking work. Theunemployment rate is a measure of the prevalence ofunemployment and it is calculated as a percentage by dividing the number ofunemployed individuals by all individuals currently in the labor .

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Answer 2

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Unemployment occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force.

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