concepts
type: Collection
type: ConceptGroup
member: unemployment

cyclical unemployment
type: Concept
broader: unemployment

employment
type: Concept
narrower: unemployment

frictional unemployment
type: Concept
broader: unemployment

long term unemployment
type: Concept
broader: unemployment

regional unemployment
type: Concept
broader: unemployment

structural unemployment
type: Concept
broader: unemployment

unemployability
type: Concept
broader: unemployment

unemployment
type: Concept
broader: employment
definition: UNEMPLOYMENT IS A situation in which there are a greater number of people willing to work for a prevailing wage than there are jobs being offered. As such, unemployment can be economically described as a surplus in the labor market. [Source: Encyclopedia of World Poverty; Unemployment]
narrower: youth unemployment
narrower: long term unemployment
narrower: frictional unemployment
narrower: structural unemployment
narrower: unemployability
narrower: regional unemployment
narrower: cyclical unemployment

youth unemployment
type: Concept
broader: unemployment