UNEMPLOYMENT

3. a government program that partially protects
4. unemployment-unemployment that results because the number of jobs available in some labor markets is insufficient to provide
5. who would like to work but have given up looking for a job.
6. the total number of workers, including both the employed and the unemployed.
8. the percentage of the labor force that is unemployed.
10. unemployment-the deviation of unemployment from its natural rate.
12. unemployment-unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills.
13. worker association that bargains with employers over wages, benefits, and working conditions.
14. the process by which workers find appropriate jobs given their tastes and skills.

1. incomes when they become unemployed.
2. of unemployment-the normal rate of unemployment around which the unemployment rate fluctuates.
7. the organized withdrawal of labor from a firm by a union.
9. above-equilibrium wages paid by firms to increase worker productivity.
11. bargaining-the process by which unions and firms agree on the terms of employment.