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.
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Related Terms
unemployment rate, civilian unemployment rate, underemployment, cyclical unemployment
'unemployment
' appears in the definitions of these terms on BusinessDictionary.comnatural rate of unemployment, national rate of unemployment, natural rate of employment, stabilization policy, stagflation, and 
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