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22.: Unemployment

Last updated

Jan 4, 2021
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- 21.1: Defining, Measuring, and Assessing Inflation
- 22.1: Introduction to Unemployment

Boundless
Boundless

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Topic hierarchy

22.1: Introduction to Unemployment
Unemployment, also referred to as joblessness, occurs when people are without work and actively seeking employment.
22.2: Measuring Unemployment
The labor force is the actual number of people available for work; economists use the labor force participation rate to determine the unemployment rate.
22.3: Understanding Unemployment
There are three reasons for unemployment which are categorizes as frictional, structural, and cyclical unemployment.

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