Unemployment: Basics
Interactive

Unemployment: Basics

Intuition Publishing Pty Ltd
Updated Sep 24, 2020

It is generally understood that being unemployed means not having a job. However, it is important to understand what unemployment really means and how it is measured. Here we explore the fundamentals of unemployment. We look at the definition of unemployment and explain the terminology associated with it. We also describe potential problems with the unemployment rate and the employment rate.

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