Job Market

Disguised Unemployment
Disguised unemployment refers to individuals who want full-time employment but do not have it and are not actively seeking work, thus are not reflected in official unemployment statistics. It also pertains to individuals who are on payroll but do not contribute to productivity.
Hard-Core Unemployed
The hard-core unemployed are individuals who either have never had a full-time job or have been unable to find work over an extended period of time. These individuals are typically disadvantaged due to a lack of education and job skills.
Recruitment Bonus
A recruitment bonus is a monetary incentive provided by employers or employment agencies to those who help find qualified candidates for job positions, particularly in fields experiencing a shortage of skilled professionals.
Structural Unemployment
Structural Unemployment is a type of unemployment caused by a mismatch between the skills that workers in the economy can offer and the skills demanded by employers.
Unemployed Labor Force
The unemployed labor force consists of the portion of the population that is not employed but is willing and able to work and is actively seeking employment.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.