noun
- the state of being without a job despite being available and seeking work
- the number or percentage of people in a workforce who are without jobs
Usage: economics
Examples
- After the factory closed, many workers faced unemployment.
- She collected unemployment benefits while searching for a new job.
- The unemployment rate dropped to 4.2% last month.
- Long-term unemployment can be emotionally challenging.
- The government announced new programs to reduce unemployment.
- Youth unemployment remains a serious concern in many countries.