What is Unemployment??

 What is Unemployment?

Unemployment refers to a situation when someone is actively looking for work and is able to work but is unable to find any work, it is called unemployment. To be unemployed, he must be in the labor force and actively looking for work.

For Example,If a student is looking for a job after completing his studies but if he does not find any suitable job then he will be considered as unemployed.But a mother who quits her job to take care of her child and someone who goes abroad for higher education is not considered unemployed.