do u know what unemployment is? unemployment rate is a measure of the prevalence
I do Have you ever been unemployed?
no,  During periods of recession, an economy usually experiences a relatively high .
That is interesting. What is the unemployment rate at this time?
Unemployment
Unemployment, or joblessness, is a situation in which able-bodied people who are looking for a job cannot find a job.
The causes of unemployment are heavily debated. Classical economics, new classical economics, and the Austrian School of economics argued that market mechanisms are reliable means of resolving unemployment. These theories argue against interventions imposed on the labor market from the outside, such as unionization, bureaucratic work rules, minimum wage laws, taxes, and other regulations that they claim discourage the hiring of workers
of their own work and how that compares to current wage rates plus the time and effort required to find a job. Causes and solutions for frictional unemployment often address job entry threshold and wage rates.
The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession, an economy usually experiences a relatively high unemployment rate. Millions of people globally or 6% of the world's workforce