involuntary unemployment
61depression — slump An extended or severe period of recession Depressions occur infrequently. The most recent Great Depression occurred in the 1930s; prior to that they occurred in the periods 1873 96, 1844 51, and 1810 17. Depressions are usually associated… …
62human capital — The skills, general or specific, acquired by an individual in the course of training and work experience. The concept was introduced by Gary Becker in the 1960s in order to point out that wages reflect in part a return on human capital. This… …
63Underemployment — refers to an employment situation that is insufficient in some important way for the worker, relative to a standard.[1] Examples include holding a part time job despite desiring full time work, and overqualification, where the employee has… …
64Poverty and Pauperism — • Persons whose existence is dependent for any considerable period upon charitable assistance, whether this assistance be public or private. Catholic Encyclopedia. Kevin Knight. 2006. Poverty and Pauperism Poverty and Paup …
65Layoff — (in British[1] and American English), also called redundancy in the UK, is the temporary suspension or permanent termination of employment of an employee or (more commonly) a group of employees for business reasons, such as when certain positions …
66Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
67United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …
68social security — 1. (usually caps.) a program of old age, unemployment, health, disability, and survivors insurance maintained by the U.S. federal government through compulsory payments by specific employer and employee groups. 2. the theory or practice of… …
69japan — japanner, n. /jeuh pan /, n., adj., v., japanned, japanning. n. 1. any of various hard, durable, black varnishes, originally from Japan, for coating wood, metal, or other surfaces. 2. work varnished and figured in the Japanese manner. 3. Japans,… …
70Japan — /jeuh pan /, n. 1. a constitutional monarchy on a chain of islands off the E coast of Asia: main islands, Hokkaido, Honshu, Kyushu, and Shikoku. 125,716,637; 141,529 sq. mi. (366,560 sq. km). Cap.: Tokyo. Japanese, Nihon, Nippon. 2. Sea of, the… …
