About the Book
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 103. Chapters: 99ers, Active labour market policies, Basic income guarantee, Basic income in the Netherlands, Benefits in kind, Calmfors-Driffill hypothesis, Compensating differential, Diamond coconut model, Discouraged worker, Division of international labor comparisons, Economic activity rate, Economic discrimination, Efficiency wage, Employment-to-population ratio, Equal opportunity employment, Equilibrium wage, Frisch elasticity of labor supply, Full employment, Full Employment in a Free Society, Gender pay gap in Australia, Get Britain Working, Guaranteed minimum income, Guest worker program, Immiseration thesis, Implicit contract theory, Insider-outsider theory of employment, Internal labor market, Job guarantee, Labor demand, Labor force, Labor market segmentation, Labor mobility, Labor shortage, Labour economics, List of countries by employment rate, List of countries by labour force, Matching theory (economics), Minimum wage, Mommy track, Motivation crowding theory, NAFTA's effect on United States employment, NAIRU, National Longitudinal Surveys, National Occupational Classification, Nearshoring, Non-wage labour costs, Occupational licensing, Personal income, Piece work, Prevailing wage, Primary labor market, Reservation wage, Search theory, Sliding wage scale, The labor problem, Time and attendance, Unemployment, Union wage premium, Wage dispersion, Workfare, Workforce productivity, Working poor, Work ethic, Work rule. Excerpt: Unemployment (or joblessness) occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession, an economy usually experiences a relatively high unemployment rate....