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Definition of 'Concealed Unemployment'
When people who are out of work are not counted in official unemployment statistics for a variety of reasons. Those potential workers falling into this category typically include individuals who have given up looking for employment, those who have taken an early retirement even though they would prefer to still be employed and those with seasonal or part time employment.
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Investopedia explains 'Concealed Unemployment'
Unemployment statistics do not always accurately reflect the number of unemployed people in the workforce. Unemployment statistics typically are derived only from those people who are both out of work and actively seeking a job. Concealed unemployment figures are typically not used in statistical calculations. People who are out of work do not always file for unemployment benefits, and it is these potential workers that create concealed unemployment.
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Search results for 'Concealed Unemployment'
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http://www.investopedia.com/articles/03/040203.asp
... Moreover, brutal regimes that are pernicious to their own countries may inadvertently
be receiving concealed support from ... Why Global Unemployment Is Rising. ...
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http://www.investopedia.com/articles/economics/08/japan-1990s-credit-crunch-liquidity-trap.asp
... their balance sheets, they failed to do so because of the fear of stigma associated
with revealing long-concealed losses and ... Why Global Unemployment Is Rising. ...
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