economic inactivity

Definitions

A state in which individuals of working age are neither employed nor actively seeking employment.

The condition of being outside the labor force, typically due to retirement, education, disability, or personal care responsibilities.

Examples

The government is implementing new policies to reduce the rate of economic inactivity among young adults.

A significant rise in economic inactivity can often be attributed to an aging population and early retirement trends.

Synonyms

labor force non-participation joblessness unemployment idleness economic passivity

Antonyms

labor force participation employment active workforce engagement gainful employment economic activity