Unemployment is essential. To be frank, for the economy to be liquid and able to adapt quickly to macro markets, each country needs a large enough pool of “potential workforce” to fulfil new opportunities. After all, they cost nothing to keep out of work compared to the spend on their rich land-lords who get twice as much benefit from their unemployment than the actual unemployed person.

Unemployment

Link: https://www.investopedia.com/ter

Unemployment is the term for when a person who is actively seeking a job is unable to find work.