Concept information
Preferred term
unemployment
Definition(s)
- UNEMPLOYMENT IS A situation in which there are a greater number of people willing to work for a prevailing wage than there are jobs being offered. As such, unemployment can be economically described as a surplus in the labor market. [Source: Encyclopedia of World Poverty; Unemployment]
Broader concept(s)
Narrower concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-QBM25GQ6-X
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