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Home > QFINANCE Dictionary > Definition of unemployment

Definition of

unemployment

Economics

people wanting to work but not finding jobs the situation in which some members of a country's labor force are willing to work but cannot find employment

unemployment - Related Articles

  • Graham Dawson

    Biographies

    Graham Dawson studied philosophy, politics and economics at University College, Oxford, and holds a PhD in philosophy from the University of Keele. He is the author of Inflation and Unemployment: Causes, Consequences and Cures and of articles in journals including Philosophy and Economics, Risk, Decision and Policy, Philosophy, and Economic Affairs

  • Finland

    QFINANCE Country Profiles

    Unsurprisingly, unemployment has begun to soar, increasing to 7.6% in February 2009, from 6.4% in February 2008. Men have been harder hit by job losses, with unemployment rising to 8.1%, while unemployment for women amounted to 7%. Young people were also hard hit by job cuts. The unemployment rate

  • Chile

    QFINANCE Country Profiles

    Chile has struggled to reduce the high unemployment rates of the last 15 to 18 years (unemployment, which averaged 5% to 6% in the 1990s, rose to around 10% in 1999). At the end of 2007, unemployment had been reduced to 7.1%, but it started to climb again in 2008, and rose further in 2009. However

  • Slovak Republic

    QFINANCE Country Profiles

    8% in the first half of the year. The organization also anticipated that the unemployment rate would rise to 10.04% during the period. Unemployment averaged 9.6% in 2008, down from 19.3% in 2001.

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Definitions of ’unemployment’ and meaning of ’unemployment’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’unemployment’ and other financial terms with our online QFINANCE Financial Dictionary.

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