Erwerbslosigkeit

Erwerbslosigkeit, or unemployment, refers to the situation where individuals who are actively seeking work are unable to find employment. It is a key indicator of economic health, reflecting the number of people available and willing to work but currently without a job. Unemployment can result from various factors such as economic downturns, technological changes, or structural shifts in the job market. It is typically measured as a percentage of the labor force and can influence social welfare policies and economic planning. High unemployment may indicate economic challenges, while low unemployment suggests a healthy job market.