Unemployment, according to the OECD, is the proportion of people above a specified age not being in paid employment or self-employment but currently available for work during the reference period.
Full employment is an economic situation in which there is no cyclical or deficient-demand unemployment. Full employment does not entail the disappearance of all unemployment, as other kinds of unemployment, namely structural and frictional, may remain. Full employment does not entail 100% employment-to-population ratio. For instance, workers who are "between jobs" for short periods of time as they search for better employment are not counted against full employment, as such unemployment is frictional rather than cyclical. An economy with full employment might also have unemployment or underemployment where part-time workers cannot find jobs appropriate to their skill level, as such unemployment is considered structural rather than cyclical. Full employment marks the point past which expansionary fiscal and/or monetary policy cannot reduce unemployment any further without causing inflation.
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time proportionally to the previous earned salary.
A NEET, an acronym for "Not in Education, Employment, or Training", is a person who is unemployed and not receiving an education or vocational training. The classification originated in the United Kingdom in the late 1990s, and its use has spread, in varying degrees, to other countries, including Japan, South Korea, China, Serbia, Canada, and the United States. The NEET category includes the unemployed, as well as individuals outside the labour force. It is usually age-bounded to exclude people in old-age retirement.
Reserve army of labour is a concept in Karl Marx's critique of political economy. It refers to the unemployed and underemployed in capitalist society. It is synonymous with "industrial reserve army" or "relative surplus population", except that the unemployed can be defined as those actually looking for work and that the relative surplus population also includes people unable to work. The use of the word "army" refers to the workers being conscripted and regimented in the workplace in a hierarchy under the command or authority of the owners of capital.
A social welfare model is a system of social welfare provision and its accompanying value system. It usually involves social policies that affect the welfare of a country's citizens within the framework of a market or mixed economy.
Active labour market policies (ALMPs) are government programmes that intervene in the labour market to help the unemployed find work, but also for the underemployed and employees looking for better jobs. In contrast, passive labour market policies involve expenditures on unemployment benefits and early retirement. Historically, labour market policies have developed in response to both market failures and socially/politically unacceptable outcomes within the labor market. Labour market issues include, for instance, the imbalance between labour supply and demand, inadequate income support, shortages of skilled workers, or discrimination against disadvantaged workers.
The Italian welfare state is based partly upon the corporatist-conservative model and partly upon the universal welfare model.
A job guarantee is an economic policy proposal that aims to create full employment and price stability by having the state promise to hire unemployed workers as an employer of last resort (ELR). It aims to provide a sustainable solution to inflation and unemployment.
France Travail, previously Pôle emploi, is a French governmental agency which registers unemployed people, helps them find jobs and provides them with financial aid. The agency was created in 2008, resulting from the merger between the Agence nationale pour l'emploi and the Assédic. The agency employs 45,000 civil servants. The merger had been expected for a very long time, for the two agencies had been created more than forty years before.
Social protection, as defined by the United Nations Research Institute for Social Development, is concerned with preventing, managing, and overcoming situations that adversely affect people's well-being. Social protection consists of policies and programs designed to reduce poverty and vulnerability by promoting efficient labour markets, diminishing people's exposure to risks, and enhancing their capacity to manage economic and social risks, such as unemployment, exclusion, sickness, disability, old age., and enhancing their capacity to manage economic and social risks, such as unemployment, exclusion, sickness, disability, and old age. An emerging approach within social protection frameworks is Adaptive Social Protection, which integrates disaster risk management and climate change adaptation to strengthen resilience against shocks.It is one of the targets of the United Nations Sustainable Development Goal 10 aimed at promoting greater equality.
Unemployment benefits in Spain are contributory and non-contributory. They are part of social security system in Spain and are managed by the State Public Employment Service (SEPE). Employers and employees contribute to the unemployment contingency fund and if an unemployed person fulfills certain criteria they can claim an allowance which is based on the time they have contributed and their average wage. A non-contributory benefit is also available to those who no longer receive a contributory benefit dependent on a maximum level of income.
Youth unemployment is a special case of unemployment with the youth, here being those between 15 and 24 years old.
Statistics on unemployment in India had traditionally been collected, compiled and disseminated once every ten years by the Ministry of Labour and Employment (MLE), primarily from sample studies conducted by the National Sample Survey Office. Other than these 5-year sample studies, India had historically not collected monthly, quarterly or yearly nationwide employment and unemployment statistics on a routine basis. In 2016, the Centre for Monitoring Indian Economy, a non-governmental entity based in Mumbai, started sampling and publishing monthly unemployment in India statistics. Despite having one of the longest working hours, India has one of the lowest workforce productivity levels in the world. Economists often say that due to structural economic problems, India is experiencing jobless economic growth.
Ourania "Rania" Antonopoulou a.k.a. Rania Antonopoulos is a Greek heterodox economist and Syriza politician. After the January 2015 election, MP Alexis Tsipras named her as the Greek Alternate Minister for Combating Unemployment in his cabinet tasked to implement a job guarantee policy based on her previous work experience and a specific study for Greece with other colleagues at the Levy Economics Institute. She remains a Syriza member. On the 5th of September 2018 she was appointed by the Greek Government as the Permanent Representative of Greece (Ambassador) to the OECD in Paris, France, entrusting her to represent the country despite the severe media attack she had been subjected to a few months earlier. Between February and August 2015, she also was a member of the Hellenic Parliament.
Youth unemployment in Spain is the unemployment of youth and is different from the general unemployment of Spain. Unemployment describes those who actively search for work but that are without jobs. In Spain, youth unemployment has increasingly become alarming, especially in recent decades, given that the rate of youth unemployment has risen to such high levels. Youth unemployment in Spain rose very much during and following the financial crisis of 2007–2008, and among OCDE nations; Spain experienced the largest increase of job losses among young people. The increase in segmentation of the labor market, the lack of effective employment policies and deficiencies in the education system have been cited as some of the principal reasons behind the significant level of youth unemployment in Spain.
Unemployment in Hungary measured by the Hungarian Central Statistical Office shows the rate of unemployed individuals out of the labor force. The European Union's own statistical office, Eurostat also makes reports and predictions about the Hungarian job market and the unemployment rate in the country. The KSH's most recent unemployment data shows the unemployment rate for men 15–74 to be 3.3% and 4.1% for women.
Azerbaijan Public Employment Agency (APEA) is the state institution that implements various state policies in the field of ensuring full employment. Ensuring the employment of Azerbaijani citizens, the legal regulation of social protection of the unemployed and job-seeking citizens involve the National legislation and normative base consists of State Programs on socio-economic development, international agreements of which the Republic of Azerbaijan is a party, the Constitution of the Republic of Azerbaijan, the Law of the Republic of Azerbaijan on Employment, Unemployment Insurance and other relevant normative legal acts.
