What is HIDDEN UNEMPLOYMENT?

Unemployed parties that are not in unemployment figures the government releases. It happens because figures include people that are seeking employment. Those not looking or have given up are not counted and are hidden unemployment figures.

More On This Topic




Link to This Definition

Did you find this definition of HIDDEN UNEMPLOYMENT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary