Definition
The group of unemployed individuals that are not counted in the unemployment figures compiled and released by the government. This group exists because the official unemployment figures only include people that are unemployed, but actively seeking a new employment opportunity. People who are working in an industry that doesn't utilize their skill set properly or those who have given up on looking for another job are not counted in the official figures and are thus considered a part of hidden unemployment.
Related Articles
- Different Types of IRAs *
- Working Less, Retiring Longer *
- Places to Buy a Car Other than Dealers *
- Types of Stock Mutual Funds *
- Explanation of the Major Factors Affecting Your Tax Returns *
- Introduction to Mutual Funds and their Advantages *
- Diversifying Your Portfolio *
- What is a Limited Liability Company (LLC)? *
Related Videos
http://www.businessdictionary.com/definition/hidden-unemployment.html


