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Econ unemployment and employment

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Term
Definition
show If you have actively searched for a job in the past 4 weeks without getting one  
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Employed   show
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show Number of employed and unemployed people  
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show Percentage of working age population classified employed  
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Labor force participation rate   show
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Marginally attached Workers   show
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Discouraged workers   show
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show Only includes people unemployed for 15 weeks or longer  
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U2   show
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U3   show
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U4   show
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U5   show
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U6   show
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show When people voluntarily enter the workforce or when they are between jobs they qualify for  
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Structural unemployment   show
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Creative destruction   show
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Efficiency wages   show
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show Caused by contractions in the business cycle  
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show When cyclical unemployment is not present  
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show There is a level of unemployment that the economy maintains independent of the inflation rate  
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unemployment rate   show
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Created by: jkilhoffer
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