The term "unemployment" is best described as the total number of
A) people not working.
B) people who have been laid off and have stopped looking for work.
C) adults who work fewer hours than they wish to work.
D) adults who are looking for work but have not found a job.

Question

Quizplus · Accepted Answer

Unemployment refers to the state of being without employment, but actively seeking and available to work. Therefore, the best choice is D which states that unemployment represents adults who are looking for work but haven't found a job yet. Option A is not entirely accurate since not all people that don't work are unemployed, some may be retired or students. Option B is incorrect because someone who has stopped looking for work is not included in the unemployment figures. Option C is incorrect since someone who works part-time but wants full-time work is considered "underemployed" rather than unemployed.

The Term "Unemployment" Is Best Described as the Total Number