Noun

1. The state of having no job; joblessness.

   Unemployment made Jack depressed.

2. The phenomenon of joblessness in an economy.

   Unemployment has been considered a cause of crime.

3. The level of joblessness in an economy, often measured as a percentage of the workforce.

   Unemployment was reported at 5.2% in May, up from 4.9% in April.

4. A type of joblessness due to a particular economic mechanism.

   All unemployments, seasonal, frictional, cyclical, classical, whatever, mean that you're out of work.

5. An instance or period of joblessness.

   Until them his life had consisted of low-paying jobs, numberous unemployments, and drug use.

Related terms

• classical unemployment
• cyclical unemployment
• frictional unemployment
• Marxian unemployment
• seasonal unemployment
• structural unemployment
• technological unemployment
• unemployed