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Citation Information

Type Working Paper - Econ 3x3
Title How do the non-searching unemployed feel about their situation? On the definition of unemployment
Author(s)
Publication (Day/Month/Year) 2013
URL http://www.econ3x3.org/article/how-do-non-searching-unemployed-feel-about-their-situation-definition​-unemployment
Abstract
New evidence suggests that non-searching unemployed people are significantly less satisfied with their lives than people who are not economically active. Indeed, the non-searching unemployed have hit rock bottom. Assuming that people do not freely choose an unsatisfactory state of living, a case is made that the non-searching unemployed – or ‘discouraged workers’ – are involuntarily unemployed and should be included in the definition and measurement of the labour force. Consequently, a case is made for the adoption of the broad measure of unemployment

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