Unemployment. Unemployment occurs when people above a specified age are not in paid employment but are available for work.
Artists have used various techniques to depict the hardships and struggles associated with joblessness. In realistic paintings, unemployment can be portrayed through images of breadlines, factories, or workers seeking employment.
In more abstract works, unemployment can be symbolized through empty landscapes, desolate urban environments, or figures expressing despair or alienation. By visually representing the human cost of unemployment, artists have sought to raise awareness and inspire social change.
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force. Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy.
Furthermore, the monetary authority of a country, such as the central bank, can influence the availability and cost for money through its monetary policy. In addition to theories of unemployment, a few categorisations of unemployment are used for more precisely modelling the effects of unemployment within the economic system. Some of the main types of unemployment include structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment and classical unemployment. Structural unemployment focuses on