Unemployed

What is Unemployed ?

‘Unemployed’ refers to the state of living without any kind of job or remuneration where the individual is an adult and they may or may not be available for work.

Unemployment is usually measured as the unemployment rate which is the percentage of people who are unemployed to the populace of a location who are in the working age bracket who are available for work.

Unemployment might happen due to any of the following factors:
Invention of new technologies making workers obsolete.
The economic status of the location, for example, recession.
Competition with other cheaper labourers due to globalization
Government policies
Job market regulations

More HR Terms

World at Work

What is World at Work?   ‘World at Work’ is an organization for HR professionals and people-focused leaders who have devoted their time and effort

Workplace Democracy

What is Workplace Democracy?   ‘Workplace Democracy’ refers to the practice of applying demotractic principles to the workplace. Workplace democracy might be implemented in various

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’