Introduction
Unemployment refers to the inability to get an opportunity of active employment when they are searching for one. Unemployment is one of the measures of the economic health of a particular country because it determines the level of productivity that a particular country has. Frequently, the most usable measure of unemployment is the rate of unemployment. The rate of unemployment can help to determine the amount of idle labor in the economy. When computing the unemployment rate, economists often divide the number of persons who do not have active employment against the number of people in the workforce. Based on the ...
