employ/unemploy Matching
| people unemployed in the general sense, but they do not meet the technical definition |
| occurs because of contractions in the business cycle, it is not voluntary, nor is it the result of a skill-set mismated |
| as innovation occurs, old technologies and industries are desroyed |
| wages that exceed the equilibrium market wage |
| it is the most all-inclusive measure of unemployment and includes all of those who are employed part-time because of economic reasons |
| the number of employed persons plus the number of unemployed persons |
| occurs when job seekers; skill sets are not in demand because of geography or obsolescence |
| persons sixteen years of age or older that don't have a job |
| occurs when people voluntarily enter the labor force |
| employment-to-population ratio |
| the percentage of the working age population that is classified as employed |
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