Unemployment

In economics, a person who is able and willing to work yet is unable to find a paying job is considered unemployed. The unemployment rate is the number of unemployed workers divided by the total civilian labor force, which includes both the unemployed and those with jobs (all those willing and able to work for pay). In practice, measuring the number of unemployed workers actually seeking work is notoriously difficult. There are several different methods for measuring the number of unemployed workers. Each method has its own biases and the different systems make comparing unemployment statistics between countries, especially those with different systems, difficult.

External links

• Current Population Survey Home Page
• "Influence of the Social Environment on Psychology: The Historical Perspective," in Stress and Mental Disorder, ed. James E. Barrett (NY: Raven University Press, 1979)
• "The Pain of Poker", a blog about the life of an unemployed lawyer
• Katz, Lawrence F. and Alan B. Krueger. 1999. The High-Pressure U.S. Labor Market of the 1990s. Brookings Papers on Economic Activity. 1: 1-65.
• Wolff, Edward N. 1998. Recent Trends in the Size Distribution of Household Wealth. Journal of Economic Perspectives. 12(3) Summer: 131-50.