/un'em ploy"meuhnt/, n.1. the state of being unemployed, esp. involuntarily: Automation poses a threat of unemployment for many unskilled workers.2. the number of persons who are unemployed.3. Informal. See unemployment benefit.[1885-90; UN-1 + EMPLOYMENT]
* * *Condition of a person who is able to work, is actively seeking work, but is unable to find any.Statistics on unemployment are collected and analyzed by government labour offices in most countries and are considered an important indicator of economic health. Since World War II full employment has been a stated goal of many governments. Full employment is not necessarily synonymous with a zero unemployment rate, since at any given time the unemployment rate will include some people who are between jobs and not unemployed in any long-term sense. Underemployment is the term used to describe the situation of those who are able to find employment only for shorter than normal periodsfor example, part-time workers and seasonal workersand may also describe the condition of workers whose education or training makes them overqualified for their jobs.
* * *the condition of one who is capable of working, actively seeking work, but unable to find any work. It is important to note that to be considered unemployed a person must be an active member of the labour force and in search of remunerative work.Underemployment is the term used to designate the situation of those who are able to find employment only for shorter than normal periods—part-time workers, seasonal workers, or day or casual workers. The term may also describe the condition of workers whose education or training make them overqualified for their jobs.Statistics on unemployment are collected and analyzed by government labour offices in most countries and have come to be considered a chief indicator of economic health. Trends in unemployment and statistical differences among groups in the population are studied for what they may reveal of general economic trends and as bases for possible governmental action. Full employment has been a stated goal of many governments since World War II, and a variety of programs have been devised to attain it. It should be pointed out that full employment is not necessarily synonymous with a zero unemployment rate, for at any given time the unemployment rate will include some number of persons who are between jobs and not unemployed in any long-term sense.
* * *
Look at other dictionaries:
unemployment — un‧em‧ploy‧ment [ˌʌnɪmˈplɔɪmənt] noun [uncountable] 1. when you do not have a job: • Closure of the plant will mean unemployment for 500 workers. • Most of our staff now face unemployment. 2. ECONOMICS the number of people in a country who do not … Financial and business terms
Unemployment — occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently cited measure of unemployment is the unemployment rate. This is the… … Investment dictionary
Unemployment — Un em*ploy ment, n. Quality or state of being not employed; used esp. in economics, of the condition of various social classes when temporarily thrown out of employment, as those engaged for short periods, those whose trade is decaying, and those … The Collaborative International Dictionary of English
unemployment — index disuse, inaction Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
unemployment — 1888, from UN (Cf. un ) (1) вЂњnotвЂќ + EMPLOYMENT (Cf. employment) … Etymology dictionary
unemployment — ► NOUN 1) the state of being unemployed. 2) the number or proportion of unemployed people … English terms dictionary
unemployment — [un΄emploi′mənt] n. 1. the state of being unemployed; lack of employment 2. the number or percentage of persons in the normal labor force who are out of work … English World dictionary
Unemployment — World unemployment rates as of January 2009[update] Unemployment (or … Wikipedia
unemployment — un|em|ploy|ment W2S2 [ˌʌnımˈplɔımənt] n [U] 1.) the number of people in a particular country or area who cannot get a job ▪ The level of unemployment is rising. ▪ areas of high unemployment (=where many people do not have a job) ▪ The… … Dictionary of contemporary English
unemployment — noun ADJECTIVE ▪ double digit (esp. AmE), high, huge, mass, massive, severe, widespread ▪ low ▪ grow … Collocations dictionary
unemployment — At the time of the oil crisis of 1973, unemployment in Spain stood at just under 2.5 percent of the active population, but with the recession, the estimated one million Spanish workers in Europe began to return. This influx coincided with an… … Encyclopedia of contemporary Spanish culture