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Definition

Unemployed

Individuals who would like to be employed, and are actively seeking work, but cannot find a job, are considered “officially” unemployed. Individuals who are not working, but not actively looking for work, are considered to be outside of the labour force, and hence don’t count as “officially” unemployed.

Webster Dictionary Meaning

1. Unemployed
- Not employed in manual or other labor; having no regular work.
- Not invested or used; as, unemployed capital.
Category: Economics
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