Unemployment is one of the biggest economic and social problems in Western Europe. It is a cause for concern among economists and politicians because of the strain it places on the public budgets and tax revenues of welfare states. Unemployment also...

A method of classifying the types of UNEMPLOYMENT, based on the theory of employment held by a particular labour economist. CLASSICAL ECONOMISTS, with their belief that all markets ultimately clear, believed that unemployment was a short-term...

1 The state of being part of a LABOUR FORCE, wanting to work, but without a job. 2 A DISEQUILIBRIUM phenomenon arising from inflexible prices. Unemployment can take many forms—VOLUNTARY, INVOLUNTARY, FRICTIONAL, STRUCTURAL. It has been measured...

FRICTIONAL UNEMPLOYMENT; being without a job during a period of looking for another one. Many workers will endure lower incomes during periods of unemployment in the hope of increasing life-time earnings. See also: unemployment spell Fitzgerald, T.J....

Unemployment is the state in which a person is without work, available to work, and is currently seeking work.[1] The unemployment rate is used in economic studies and economic indexes such as the United States' Conference Board's Index of Leading...

Byline: steve doughty POLITICIANS who lose their seats struggle to make a living in the realworld, research has found. The study said employers have little use for former MPs - and some take morethan a year to find a job. ...

In the first half of 2007, the average registered unemployment rate was lower in all regions compared with the same period of 2006. Nevertheless, regional disparities widened. Although the regions with the highest unemployment rates recorded the biggest decreases (measured in percentage points), most...

The number of laid-off workers filing claims for unemployment benefits fell last week by the sharpest amount in nearly two months, indicating a healthy labor market despite the sluggish economy.The Labor Department reported Thursday that applications for jobless benefits totaled 321,000 last week, 20,000 fewer...

The number of newly laid off workers filing claims for unemployment benefits shot up unexpectedly last week, rising to the highest level in two months.The Labor Department reported that unemployment claims totaled 324,000 last week, up 10,000 from the previous week, to the highest level...

Trends and statistics about Australia employment and unemployment situation. Increased employer demands for flexibility and the growth of part-time employment have led to increased outsourcing, and the use of consultants and temporary workers.

Details key points about unemployment in the United Kingdom. Describes the two different ways of measuring unemployment. Considers how unemployed workers may create other external costs for the economy.

Unemployment, using Australia as an example, causes social and economic problems, such as lost productivity, lost output and income opportunity, loss of human capital, and lost self-esteem and dignity of workers.