Unemployment Definition and MeasurementUnemployment refers to the scenario where when one who is actively looking for employment fails to find a job (Krasnoperova V. V., 2013). Unemployment rate is an often used measure of unemployment (Campolieti, The Canada-US Unemployment Rate Gap, 2012). It is found by dividing the number of the unemployed people by the total number of people in the labor force.
The aim of this report is to compare