the state of being unemployed, especially involuntarily: Automation poses a threat of unemployment for many unskilled workers.
the number of persons who are unemployed.

1885–90; un-1 + employment

antiunemployment, adjective
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World English Dictionary
unemployment (ˌʌnɪmˈplɔɪmənt)
1.  the condition of being unemployed
2.  the number of unemployed workers, often as a percentage of the total labour force

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
Idle industries have cast workers into unemployment, causing human misery and
  personal indignity.
Yet this increased revenue has not eased economic hardships, which include
  double-digit unemployment and inflation.
Now many of those jobs have been shipped overseas and the town is plagued with
Second, he argues, only manufacturing can meaningfully reduce unemployment.
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