Discouraged worker

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Updated: Aug 20, 2021

A person who drops out of the labour market after a period of unemployment. This follows after they have been unable to get work of a type they regard as suitable for their qualifications, or in some cases to get causing their skills to deteriorate, from fear that emoloyers causing their skills to deteriorate, from fear that employers regard prolonged unemployment as being in itself a bad signal, or from finding unemployment preferable to employment.

Reference: Oxford Press Dictonary of Economics, 5th edt.



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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.