UNEMPLOYMENTS Meaning and
Definition
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Unemployment is a term that refers to the condition of being without a paid job or work during a certain period of time. It represents the percentage of the labor force that is actively seeking employment but is unable to find suitable work opportunities. Unemployment is a prevalent economic indicator used by governments, organizations, and economists to assess the health of an economy.
Unemployment can be caused by various factors, such as economic recessions, technological advancements leading to job displacement, globalization, or structural changes within an industry. It can have significant social and economic implications, including reduced income levels and consumption, decreased standard of living, and increased social tensions.
There are different types of unemployment, including cyclical unemployment, which occurs due to fluctuations in the business cycle; structural unemployment, caused by shifts in the structure of the economy; frictional unemployment, resulting from individuals transitioning between jobs; and seasonal unemployment, where job opportunities fluctuate seasonally.
Efforts to address unemployment typically involve government policies and programs aimed at promoting job creation, improving education and skills training, and providing social safety nets for those affected. Unemployment rates are often tracked and measured through surveys and registration systems administered by government agencies or statistical bodies. Understanding and addressing unemployment is crucial for policymakers, as it has implications for economic stability, social welfare, and overall societal well-being.
Common Misspellings for UNEMPLOYMENTS
Etymology of UNEMPLOYMENTS
The word "unemployments" is formed by adding the suffix "-ments" to the noun "unemployment".
The etymology of "unemployment" comes from its components:
1. "Un-" is a prefix in English that denotes negation or lack of something. In this case, it indicates the absence of employment or being without a job.
2. "Employment" stems from the Old French word "employer", which means "to use or engage". It has its roots in the Latin word "implicare", meaning "to involve or entangle".
Therefore, "unemployment" implies the state of being without a job or lacking engagement in employment activities. The addition of the suffix "-ments" converts the noun "unemployment" into its plural form, "unemployments", indicating more than one instance of joblessness or lack of employment.
Similar spelling words for UNEMPLOYMENTS
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