from The American Heritage® Dictionary of the English Language, 4th Edition
- n. The state of being unemployed, especially involuntarily.
- n. The percentage or number of people who are involuntarily unemployed: Unemployment has been shrinking throughout the recovery.
- n. Unemployment compensation.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. The state of having no job; joblessness.
- n. The phenomenon of joblessness in an economy.
- n. The level of joblessness in an economy, often measured as a percentage of the workforce.
- n. A type of joblessness due to a particular economic mechanism.
- n. An instance or period of joblessness.
from the GNU version of the Collaborative International Dictionary of English
- n. Quality or state of being not employed; -- used esp. in economics, of the condition of various social classes when temporarily thrown out of employment, as those engaged for short periods, those whose trade is decaying, and those least competent.
from The Century Dictionary and Cyclopedia
- n. The condition of being unemployed; the state of being unused.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. the state of being unemployed or not having a job
Sorry, no etymologies found.
The increase in unemployment is due to the auto makers and their many thousands of related industrial jobs that depend on the auto industry returning to fiscal stability.
Interestingly if you actually read the latest Neumark & Wascher paper on the minimum wage -- rather then just the very misleading abstract -- you see that their latest research shows that the only group to suffer a rise in unemployment from a rise in the minimum wage are black teenager males.
Bernanke asserted that the post-recession rise in unemployment is mostly due to "the sharp contraction in economic activity that occurred in the wake of the financial crisis and the continuing shortfall of aggregate demand since then."
The Nation's Unemployed Follow the change in unemployment from the beginning of the recession.
While the absolute level of unemployment does have an impact on elections, the 1934 midterms show that change in unemployment is the more important number.
The recent rise in unemployment is particularly worrisome, Goldman indicated.
Stemming the rise in unemployment is another key goal.
In Great Britain unemployment is most acute in those industries which were swollen to meet the demands of war, such, for example, as engineering, which catered for munitions, and shipbuilding -- in that group, and also in the group of industries most closely connected with the export trade, in cotton, textiles and shipping itself.
We have an economy stuck in a deep ditch, with corporate profits and bank bonuses soaring while long-term unemployment is at near Depression levels.
The theory that raising minimum wage will result in higher unemployment is the best reminder that even multidimensional economists will fall into the trap of 'black and white' world, which they so forcefully try to avoid.