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Unemployment generally defined as the number of persons (It is the percentage of labor force depends on the population of the country) who are willing to work for the current wage rates in society but not employed currently.
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Cause & Effect Essay: Unemployment Unemployment is the one constant throughout history.
Despite changing technology, the underlying principles of why unemployment occurs remain the same. Psychological Effects of Unemployment and Underemployment The current state of the economy continues to be an enormous stressor for Americans, with 78 percent reporting money as a significant source of stress (APA, ).