Question

what is unemployment​

Answer 1

Explanation:

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

Answer:

Unemployment is a term referring to individuals who are employable and actively seeking a job but are unable to find a job. ... Usually measured by the unemployment rate, which is dividing the number of unemployed people by the total number of people in the workforce, unemployment serves as one of the indicators.