Unemployment occurs among people who are seeking work but cannot find a job. Long-term, involuntary joblessness imposes financial and emotional burdens. According to the International Labor Organization, approximately 200 million people are unemployed worldwide. Not included in unemployment numbers are those who have given up looking for work or are underemployed. This crisis has led to an increase in poverty rates in half of all advanced economies, and one third of all developing economies. Though the causes and levels of unemployment vary throughout the world, youth and women are the most likely to be unemployed, especially during recession. Economic growth generally offers hope for reducing unemployment and poverty, although it does not guarantee greater income equality. In developed economies, a variety of government policy options also may serve to alleviate unemployment.

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