The term unemployment refers to a state in which an individual actively seeks employment but is unsuccessful.
It is said to be one of the critical measures of the economy's strength. The unemployment rate is the most widely used method to determine a country's unemployment rate.
This can be found by simply dividing the number of people without jobs by the total population included in a nation's labor force.
Answers & Comments
Answer:a term referring to individuals who are employable and actively seeking a job but are unable to find a job
Explanation:
Answer:
The term unemployment refers to a state in which an individual actively seeks employment but is unsuccessful.
It is said to be one of the critical measures of the economy's strength. The unemployment rate is the most widely used method to determine a country's unemployment rate.
This can be found by simply dividing the number of people without jobs by the total population included in a nation's labor force.