jobless rate
Workforce exclusion metric
The jobless rate is the percentage of the labor force that is unemployed and actively seeking work—a synonym for unemployment rate.
Government agencies report it monthly as an economic indicator: The jobless rate fell to 3.8 percent.
A rising jobless rate typically signals economic trouble; a falling one suggests recovery.
- unemploymentBeing without paid work
- recessionProlonged economic decline
- layoffsMass job eliminations
- downturnEconomic decline period
- out of workWithout paid employment
workforce · economy · economic indicator · statistics · hiring · job market · labor force · benefits · poverty · depression · inflation · wages · labor · welfare · food stamps · paycheck · struggling · pink slip
- unemploymentunemployment, unemployed, laid off, out of work, layoff
- Financial Crisisfinancial crisis, Great Recession, recession, credit crisis, bank failures
- macroeconomicsGDP, GNP, gross domestic product, gross national product, money supply
economic health indicator
jobless ratejob growth
Rise in hiring numbers
economic prosperity · job creation · hiring boom · labor shortage
jobs, jobless, joblessness, rate, rates, rated, rating, ratings, ratable