unemployment
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.
Related Terms
Related Terms on BusinessDictionary
national rate of unemployment
natural rate of unemployment
expendable trust fund
natural rate of employment
Phillips curve
stabilization policy
mobility of labor
automatic fiscal stabilizers
balanced budget
emergency fund
beggar thy neighbor policy
non-accelerating inflation rate of unemployment (NAIRU)
Chicago school of economics
Okun's law
PEST analysis
demand management
discouraged worker
disinflation
frictional unemployment
tragedy of the commons
transfer payment
fundamental risk
trickle down theory
incomes policy
investment incentives
unemployment trap
preferential loan
welfare state
natural rate of unemployment
expendable trust fund
natural rate of employment
Phillips curve
stabilization policy
mobility of labor
automatic fiscal stabilizers
balanced budget
emergency fund
beggar thy neighbor policy
non-accelerating inflation rate of unemployment (NAIRU)
Chicago school of economics
Okun's law
PEST analysis
demand management
discouraged worker
disinflation
frictional unemployment
tragedy of the commons
transfer payment
fundamental risk
trickle down theory
incomes policy
investment incentives
unemployment trap
preferential loan
welfare state
Popular 'Economy' Terms
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