Define unemployment. (Topic: Labour And Employment) – InterviewSolution

1.	Define unemployment. (Topic: Labour And Employment)
Answer» Unemployment or joblessness is the SITUATION of actively looking for employment but not being currently employed. The unemployment RATE is a measure of the prevalence of unemployment and it is calculated as a percentage by DIVIDING the number of unemployed individuals by all individuals currently in the labor FORCE. HOPE this will help you

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