What is Unemployment?

define

Unemployment refers to the inability for willing workers to find gainful employment. The degree of unemployment in a nation is one indicator of the economic health of the country. Many factors can negatively affect the unemployment rate including corporate downsizing, mergers, implementation of automation technologies, and job outsourcing to other nations. Some argue illegal immigration impacts the unemployment rate, though critics of this viewpoint counter that jobs held by illegals are generally low paying or undesirable.

In the United States, workers pay into unemployment insurance through a deduction or unemployment tax that comes out of every check. Benefits can then be paid to the unemployed person for a period of time to help with bills, food and other expenses. During this time an unemployment advisor meets with the candidate and supplies him or her with job leads. The candidate is also expected to make personal efforts to find work, such as checking the daily newspaper or looking at online employment hubs.

There are many options today for workers that likely help to curb unemployment rates. The Internet provides a rich landscape for job recruiting, from sites like Monster.com, Jobs.com and CareerBuilder.com. These websites not only serve companies looking to hire by listing employment opportunities, many of them also allow those looking for work to enter an online resume and biography.

In some cases when gainful employment can’t be found a person will turn to temporary agencies until a permanent position is found. Companies will often contact temporary agencies when they need someone to fill in for an employee who has taken a leave of absence, or if they have backlogged work or special projects. It’s not uncommon that a person sent on a temporary assignment ends up being permanently hired.

When unemployment is high, mid-level jobs are the most difficult to find, while minimum-wage jobs are always plentiful but are not profitable and are therefore not considered gainful employment for the majority of the work force. Highly skilled professionals, particularly in medicine and technology are generally in demand and can often find work through personal networking or by using a headhunter.

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5
If an employee is offered to continue working with reduced number of hours and he refuses to take it, is it a lay off, employee quitting or company firing an employee, in the state of Texas?
- anon29513
4
Please help me out on these two items: What is the definition of "gainful employment"? What is the definition of "marginal employment"? I need to know this because a person going into disability retirement was considered "gainfully employed" because he continued to use "Sick Leave" and got paid for the sick leave he accrued over 29 yrs of service. Can this in reality be "gainful employment" or "marginal employment"? This can determine a retirement date by approximately 9 months. So, please, tell me what you think.
- melmanstlfan
3
My name is JOE, I'm a student and currently I'm conducting research om why bachelors degree graduates in Indonesia cannot easily find jobs. I would like you to help me answer the following questions:

1. Do you think bachelor graduates in Indonesia could easily find job?

2. Which major of bachelor degree do you think is most likely to find job easily Political studies, Education, Economic studies, Law studies, Agricultural studies, Others?

3. Which of the following factors do you think is most likely to influence the bachelor graduates in finding a job in Indonesia? Work experience, Job demand, Family connection, others?

- papua
2
In regards to unemployment benefits, how do automatic stabilizers alter taxes and transfer payment within business cycles?
- shaylag
1
Casually, people will use the word "unemployment" to refer to the unemployment compensation that they receive from the government. So, for example, someone might say, "I can't spend that much on dinner because I'm on unemployment."
- bananas

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