residual unemployment


Also found in: Financial.
Related to residual unemployment: Voluntary Unemployment

residual unemployment

n
(Industrial Relations & HR Terms) the unemployment that remains in periods of full employment, as a result of those mentally, physically, or emotionally unfit to work
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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