hidden unemployment - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “hidden unemployment”

hidden unemployment

noun [U]
 
 
ECONOMICS
the number of people who do not have work but who are not counted in government reports, for example, people who have stopped looking for a job and people who work less than they want to: Hidden employment means a real unemployment rate of nearly 19%.
(Definition of hidden unemployment from the Cambridge Business English Dictionary © Cambridge University Press)
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