unemployment rate

Workforce idleness percentage

The unemployment rate is the percentage of the labor force that is jobless and actively seeking work.

It's a key economic indicator: The unemployment rate fell to 3.5%.

The rate excludes people who have stopped looking for work, which critics argue understates true joblessness.

A low rate generally signals a healthy economy, though definitions of "unemployed" vary by country.

Opposites
labor market status measurement

unemployment rateemployment rate

Percentage holding jobs

hiring rate · full employment · workforce participation · job growth · vacancy rate

economic health indicator

unemployment ratejob growth

Rise in hiring numbers

full employment · labor shortage · worker shortage · economic boom · economic prosperity

Family

rate, employ, employee, employment, employer, unemployed, unemployment, employees, employing

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated G