unemployment
Americannoun
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the state of being unemployed, especially involuntarily.
Automation poses a threat of unemployment for many unskilled workers.
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the number of persons who are unemployed.
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Informal. unemployment benefit.
noun
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the condition of being unemployed
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the number of unemployed workers, often as a percentage of the total labour force
Usage
What does unemployment mean? Unemployment is the state of not having a paid job—of being unemployed.Unemployment is also commonly used in the context of economics to mean the total number of people unemployed, such as in a country, as in Unemployment is down this quarter, with thousands of new jobs having been created. The opposite of this is employment—the total number of people who are employed. Employment also commonly means the state of being employed.The word unemployment is sometimes used as a short and informal way of referring to an unemployment benefit, which is an allowance of money paid to unemployed workers, such as by the government. People receiving such a benefit are often said to be receiving unemployment.Example: Unemployment is extremely stressful when you go months without any job prospects.
Other Word Forms
- antiunemployment adjective
Etymology
Origin of unemployment
First recorded in 1885–90; un- 1 + employment
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
On Tuesday, it was confirmed unemployment had risen to a near five-year high, with the jobless rate among young people at its worst level for more than a decade.
From BBC
The members of the central bank’s Federal Open Market Committee submit their near- and longer-term projections every quarter for growth, inflation, unemployment, and the appropriate path of interest rates.
From Barron's
The central bank also lowered its growth expectations for the economy this year, while raising its unemployment forecast.
AI could raise the economy’s equilibrium interest rate and potentially increase the natural rate of unemployment.
From Barron's
Barr said if AI causes a large and lasting dislocation of workers it may imply higher rates of unemployment, even when the economy is healthy and operating close to its potential.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.