Unemployment
Aug 29, 2020
•Unemployment is defined as a situation where someone of
working age is not able to get a job but would like to be in fulltime employment.
•people who were temporarily laid off and were waiting to be
called back to that job are included in unemployment statistics.
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Unemployment, especially long-term unemployment, may also lead to a significant level of poverty. Since most people rely on their jobs in order to be able to pay their bills, once these people lose their jobs, they may no longer be able to afford the things for their daily life and may suffer from significant poverty.
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