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Part of the book series: Texts in Economics

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Abstract

An unemployed worker is one who is unable to find employment under prevailing economic conditions. Although any factor of production can be unemployed, economists have placed particular emphasis on unemployment of labour, primarily because of the mental (and sometimes physical) sufferings and hardships experienced by the unemployed and their dependents.

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© 1993 David Sapsford and Zafiris Tzannatos

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Sapsford, D., Tzannatos, Z. (1993). Unemployment. In: The Economics of the Labour Market. Texts in Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-22825-6_14

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