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Unemployment Definition
Friday, October 5, 5:30 PM ET

Unemployment is defined as when a person seeking employment actively cannot find work. It is often used as a measure of the health of the economy, with the most frequently cited measure being the umemployment rate, calculated by the number of person unemployed divided by the number of persons in the labor force.

For MarketNewsVideo.com, I'm Sayoko Murase.

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