Most Spells of Unemployment Are Short

question 178

True/False

Most spells of unemployment are short. About half of unemployment spells end with an exit from the labor force.

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Definitions:

Employed

The state of having a paid position of regular employment or being engaged in an activity or task.

Spouse

A person's legally married partner or significant other in a matrimonial or civil union.

Unemployment Insurance Fund

The Unemployment Insurance Fund is a government fund that provides temporary financial assistance to eligible workers who have lost their jobs through no fault of their own.

Unemployment Taxes

Taxes imposed on employers, based on their payroll, to fund unemployment insurance benefits for workers who have lost their jobs.