Unemployment refers to the situation when people who are willing and able to work cannot find a job. This can happen for various reasons, such as economic downturns, company layoffs, or changes in industry demand. When individuals are unemployed, they often face financial challenges, which can affect their quality of life and overall well-being. Governments and organizations monitor unemployment rates to understand the health of the economy. High unemployment can lead to increased reliance on social services and can impact communities and families. Efforts to reduce unemployment often include job training programs and initiatives to stimulate economic growth.