Who is categorized as unemployed?

The correct categorization of unemployment includes individuals who are actively seeking employment but are unable to find a job. This aligns with the official definition of unemployment, which requires that the person is not currently employed but is attempting to find work. This reflects the economic condition where individuals are engaged in job search activities, signaling that they are part of the labor force and are considered unemployed until they secure a position.

In contrast, individuals in school are not actively participating in the labor force for the purpose of employment, and therefore, are not classified as unemployed. Those working part-time are considered employed, even if they may wish for more hours. Retirees have exited the labor force and are not seeking employment, placing them outside the unemployment category as well. Thus, the only accurate identification of someone as "unemployed" is the person actively looking for work but unable to find it.