Unemployment?

In economics, unemployment refers to the condition and extent of unemployment in an economy, measured unemployment, which is the number of unemployed divided by the total civilian workforce. Consequently, unemployment is the condition of not having a job, often referred to as unemployed, or unemployed

Terms of unemployment and the unemployed are sometimes used to refer to the production of other inputs that are not fully used, for example, unemployed capital goods. Unemployment has been a history of industrialization. It is not considered to be the case in rural areas, even if the rural labor force in disguise has little to do, especially in overcrowded conditions.

Statistics (ONS) produces official estimates of unemployment using the definition of the International Labour Organization. For this definition, those over 16 are unemployed, if they are unemployed want to work, actively sought work in the last four weeks and are ready to begin work in the next two weeks, or are unemployed, were working and waiting to begin the next couple of weeks. Unemployment is rising rapidly throughout the world. There are several reasons behind the rate of increase. But the main reason for the high unemployment rate of technological progress. In less than a year, far fewer man-hours needed to produce all the goods needed, so there is less demand for labor. This can lead to more out of unemployment.

On the other hand, traditionalism and ignorance of the people, etc. are another important reason that led to increased unemployment. Today, unemployment data are useful for various reasons. The government uses the unemployment and other labor market indicators of macroeconomic management and social. Data are also provided to a number of international organizations such as the European Central Bank. In the field of social policy, unemployment is used as an indicator of the constraint.

Today, unemployment is the great crisis in the world, keep checking is very essential, it is you who can change the word from unemployment to employment.