unemployment

Definition

An economic condition marked by the fact that individuals actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economic conditions and other circumstances.

Use unemployment in a sentence

You should try and keep your head up if you find yourself in unemployment and keep looking for new jobs.

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The unemployment in the region was affecting demand for goods as people were saving the small amount of disposable income they had instead of spending.

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I could have avoided the depression and alcoholism that my unemployment brought, but then, I'd never have gotten this picture of what a rock's bottom looks like.

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940 Form frictional unemployment