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Broadly defined, unemployment refers to the condition in which individuals who are capable of working and are actively seeking employment are unable to find work. This definition encompasses various categories, including those who are temporarily laid off, recent graduates entering the job market, and individuals who have been searching for a job for an extended period. It often excludes certain groups, such as discouraged workers who have stopped looking for jobs altogether. Overall, broad unemployment captures a more comprehensive view of labor market challenges beyond the conventional unemployment rate.

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