Term
Individuals aged 16 years or loder who either have jubs or who are looking and available for jobs, the number of employed plus the number of unemployed |
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the total number of adults (aged 16 or older) who are willing and able to work and who are actively looking for work but have not found a job |
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the quantity of something, measured at a given point in time |
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a quantity measured per unit of time; somthing htat occurs over time, such as the income you make per week or per year or the number of individuals who are fired every month |
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a individual in the labor force whose employment was involuntarily terminated |
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an individual who used to work full-time but left the labor force and has now reentered it looking for a job |
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aan individual in the labor force who quits voluntarily |
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individuals who have stopped looking for a job because they are convinced that they will not find a suitable one |
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the percentage of noninstitutionalized working-age individuals who are employed or seeking employment |
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labor force participation rate |
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unemployment due to the fact that workers must search for appropriate job offers. this takes time, and so they remain temporarily unemployed |
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unemployment resulting from a poor match of workers' abilities and skells with current requirements of employers |
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