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joblessness

Joblessness is the state of lacking paid employment. In economics, it is typically linked to unemployment: a person is considered unemployed if they are not working, are actively seeking work, and are available to take a job. The term can also be used more broadly to refer to persistent or long-term absence from the labor market.

Measurement centers on the unemployment rate, defined as the share of people in the labor force who

Causes of joblessness include cyclical factors from economic downturns, structural changes due to technology or globalization,

Policy responses emphasize macroeconomic stabilization to support demand, and active labor market policies such as retraining,

Joblessness varies by country, region, age, and gender, with youth and long-term unemployment often higher in

are
unemployed.
The
labor
force
includes
those
employed
plus
those
unemployed
who
are
actively
seeking
work.
People
not
participating
in
the
labor
force,
such
as
students
or
retirees,
are
not
counted
as
unemployed.
Other
measures
describe
underemployment
or
long-term
unemployment.
skill
mismatches,
and
demographic
trends.
Consequences
span
reduced
income
and
consumption,
increased
poverty
and
inequality,
and
broader
social
and
health
impacts
for
individuals
and
communities.
job
placement
services,
wage
subsidies,
and
apprenticeships.
Social
safety
nets,
unemployment
insurance,
and
measures
addressing
structural
barriers
can
reduce
the
duration
of
joblessness
and
improve
reemployment
prospects.
recessions.
Critics
note
limitations
of
official
unemployment
statistics,
which
may
undercount
discouraged
workers
or
those
in
precarious
or
part-time
roles.
Nevertheless,
joblessness
remains
a
central
indicator
of
economic
health
and
social
well-being.