Introduction
According to the International Labor Organization, unemployment is a phenomenon, which happens when the people, who currently don’t have a work are seeking for it (1982). The main indicator of unemployment situation in the country is unemployment rate, which shows the percentage of unemployed people in the total number of labor force (the number of all people of working age). It is calculated by dividing the number of the individuals, who don’t have work at the certain moment of time by all individuals able to work at the same moment of time (The Saylor Foundation). The unemployment ...
