Most measurements of it do not include homemakers and students, and some do not account for discouraged workers.
By Okun's Law, a one percent increase in this concept leads to a two percent loss in GDP. The Phillips Curve depicts an inverse relationship between inflation and this concept, whose types include structural and frictional. Most measurements of it do not include homemakers and students, and some do not account for discouraged workers. For 10 points, what is the term for when people who want to work cannot find jobs?
By Okun's Law, a one percent increase in this concept leads to a two percent loss in GDP.
unemployment [or word forms such as unemployed; or unemployment rate]