They often simply gave up. long-term unemployed cope with their situation during the great depression in the united states
Unemployment is defined by the OECD (Organisation for Economic Co-operation and Development) as people over a particular age (often 15)[2 who are not actively employed or self-employed but are looking for work during the reference period.
The unemployment rate, which is represented as the proportion of the labor force that is unemployed, acts as a stand-in for actual unemployment (the total number of people employed added to those bb).
There are numerous reasons why people are unemployed, including the following:
the state of the economy, which can be impacted by a recession, the market, government regulations, and trade policies, as well as the competition brought on by globalization and commerce.
For example, a country's actions can have an impact on unemployment and the status of the economy.
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