Author Archives: Tara Hope-Smith

Unemployment and it’s effect on personal finances is something a lot of people are thinking about lately given the condition of many countries and businesses. Unemployment can mean several things: it can either be in reference to a person who does not work, a person who does not want to work, or it can more technically mean a person who wants to work but for whatever reason is not working. Economists focus on the percentage of unemployed people versus the percentage of employed people. In this way they can better grasp how a country is doing financially.