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Table 23-3
The table below contains data for the country of Crete for the year 2010.
-Refer to Table 23-3. What were Crete's government purchases in 2010?
Unemployed
The status of a person who is capable of working, is seeking work, but is unable to find employment.
Unemployment Insurance
A government-provided insurance that offers financial assistance to unemployed workers who have lost their jobs through no fault of their own.
Job Search
The process of looking for employment, involving the exploration of available positions and the submission of applications.
Structural Unemployment
A form of unemployment caused by fundamental changes in the economy that result in a significant mismatch between the skills workers offer and the skills demanded by employers.
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