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What is unemployment

User Mashiach
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2 Answers

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23 votes

Answer:

a situation when a person actively searches for employment but is unable to find work.

User John Lexus
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9 votes

Answer:

Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15)[2] not being in paid employment or self-employment but currently available for work during the reference period.

Step-by-step explanation:

At The Extra;-

Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed).

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User Miggy
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