Question

what is unemployment ? ​

Answer 1

Answer:

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

Explanation:

Unemployment occurs when people who are available and looking for work are unable to find employment.