Jobless

Jobless

Jobless or unemployment is a term for people who do not work at all, looking for work, working less than two days during the week, or someone who is trying to get a decent job. Unemployment is generally caused due to the workforce or job seekers are not proportional to the number of existing jobs that can absorb it. Jobless is often a problem in the economy due to the presence of unemployment, productivity and incomes will be reduced so us to give rise to proverty and other social problems.

The unemployment rate can be calculated by compering the number of unemployed to the total labor force expressed as a percent. The absence of income causes the employed should reduce their consumption expenditure leading to a descreased level of a prosperity and well-being. Prolonged unemployment can also cause a bad psylogical effect on the unemployed and their families. Unemployed rate that is too high can also cause political turmoil and social security that interfere with growth and economic development. Long-term result is decline in GNP and percapita income of a country. In developing countries such as Indonesia, the tecnical term is "underemployed" in which the work should be done with a little labor, done by more people.