UBS

Unemployment

What is an Unemployment?

Unemployment refers to the situation where an individual is capable and actively looking for a job but is unable to find one. Unemployment not only affects an individual or a group but also plays a major role in affecting the economy. Individuals who are working temporarily but do not have a settled job also come under the category of unemployment.

Usually, this is measured by the employment rate, which is the number of unemployed people divided by the number of people in the workforce.

The term unemployment is often misunderstood as all non-working people. However, it does not include the people who are not actively looking for a job or have stopped looking for a job in the past 4 weeks due to reasons like family pressure, higher education, and more. 

Also, See: Employment Gap

Get Started

Solving Real Business Challenges with a Robust & Impeccable System

Any Query? Reach Out To Us.

We are here to help you find a solution that suits your business need.

Watch a Demo

Get a visual representation of how we work!

Schedule Demo
Get in Touch

Our sales expert is just one call away to meet your needs.

Get In Touch
Start Chat

Have a question?
Chat with Us

Start Chat