Dictionary: A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Hidden unemployment

The unemployment or underemployment of workers that is not reflected in official unemployment statistics because of the way they are compiled. Only those who have no work but are actively looking for work are counted as unemployed. Those who have given up looking, those who are working less than they would like, and those who work at jobs in which their skills are underutilized are not officially counted among the unemployed, though in a sense they are. These groups constitute hidden unemployment.

Note: Because of hidden unemployment, official statistics underestimate unemployment.


Read Also:

  • Hide

    [hahyd] /haɪd/ verb (used with object), hid, hidden or hid, hiding. 1. to conceal from sight; prevent from being seen or discovered: Where did she hide her jewels? 2. to obstruct the view of; cover up: The sun was hidden by the clouds. 3. to conceal from knowledge or exposure; keep secret: to hide one’s […]

  • Hide-A-Bed

    [hahyd-uh-bed] /ˈhaɪd əˌbɛd/ Trademark. 1. a brand of hideaway bed.

  • Hide-and-seek

    [hahyd-n-seek] /ˈhaɪd nˈsik/ noun 1. one of a variety of children’s games in which, according to specified rules, one player gives the others a chance to hide and then attempts to find them. noun 1. a game in which one player covers his eyes and waits while the others hide, and then he tries to […]

  • Hideaway-bed

    noun 1. a sofa, loveseat, etc., that can be converted into a bed, usually by folding out a concealed mattress and springs.

Disclaimer: Hidden unemployment definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.