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unemployment

(Encyclopedia)unemployment, condition of one who is able to work but unable to find work. Once assumed to be voluntary, idleness was punishable by law; however it is now recognized that unemployment often arises fr...

unemployment insurance

(Encyclopedia)unemployment insurance, insurance against loss of wages during the time that an able-bodied worker is involuntarily unemployed. The goal of such insurance is to provide a minimal livelihood to unemplo...

Pissarides, Christopher Antoniou

(Encyclopedia)Pissarides, Christopher Antoniou, 1948–, British-Cypriot economist, b. Nicosia, Cyprus, Ph.D. London School of Economics, 1973. He has been a professor at the London School of Economics since 1976. ...

National Youth Administration

(Encyclopedia)National Youth Administration (NYA), former U.S. government agency established in 1935 within the Works Progress Administration; it was transferred in 1939 to the Federal Security Agency and was place...

Pigou, Arthur Cecil

(Encyclopedia)Pigou, Arthur Cecil pĭˈgo͞o [key], 1877–1959, British economist, grad. King's College, Cambridge. He was a lecturer at University College, London, and at Cambridge. He was professor of political ...

Ózd

(Encyclopedia)Ózd ōzd [key], city (1991 est. pop. 43,020), NE Hungary, near the Slovakian border. The city was a model industrial center under Communist rule, with ironworks, steelworks, and lignite mines, but ha...

Luddites

(Encyclopedia)Luddites, name given to bands of workingmen in the industrial centers of England who rioted between 1811 and 1816. The uprisings began in Nottinghamshire, where groups of textile workers, in the name ...

Malthus, Thomas Robert

(Encyclopedia)Malthus, Thomas Robert mălˈthəs [key], 1766–1834, English economist, sociologist, and pioneer in modern population study. A graduate of Cambridge, he was a professor at the East India College, Lo...

Shagari, Shehu

(Encyclopedia)Shagari, Shehu (Shehu Usman Aliyu Shagari), 1925–2018, president of Nigeria (1979–83). He served in Nigeria's house of representatives and in several ministerial positions in the 1950s through 197...

division of labor

(Encyclopedia)division of labor, in economics, the specialization of the functions and roles involved in production. Division of labor is closely tied with the standardization of production, the introduction and pe...