A person, who is looking for work and is willing to work at the existing wage but is unable to find a job is said to be "unemployed". Unemployment refers to the state of being unemployed. It also refers to the number or proportion of people in the working population who are employed. In other words, it is merely people who are out of work. This is, however, a generalization statement as it is much …showed first 75 words of 1577 total…

…showed last 75 words of 1577 total…again. When all of the factors of unemployment are taken into account it is easier to see why unemployment is such a problem in our nation and in other nations. The true of the matter is, that there really isn't a way of eliminating unemployment all together. The unemployment rate will always be a point of concern due to the fact it is ultimately the indicator of the heath of our nation as a whole.