Voluntary Unemployment

Voluntary unemployment occurs when individuals choose not to work, even though jobs are available. This decision can stem from various reasons, such as pursuing education, personal preferences, dissatisfaction with available job options, or a desire for better working conditions. Unlike involuntary unemployment, where individuals are unable to find work despite wanting a job, voluntary unemployment reflects personal choice. People may opt to wait for a role that aligns more closely with their skills, values, or interests, rather than accepting any available position.