economic inactivity
[/ˌɛkəˈnɒmɪk ɪnækˈtɪvɪti/]
nounpl: economic inactivities
inatividade econômica
1. The state of not participating in the labor force or economic activity; a condition where individuals are neither employed nor actively seeking employment
The rise in economic inactivity among young adults has become a growing concern for policymakers.
O aumento da inatividade econômica entre adultos jovens tornou-se uma preocupação crescente para os formuladores de políticas.
2. A period or state of reduced or minimal economic production, trade, or commercial activity
The pandemic caused widespread economic inactivity in the tourism sector.
A pandemia causou inatividade econômica generalizada no setor de turismo.
3. Statistical classification of persons not engaged in paid work or job-seeking activities
The unemployment statistics include data on economic inactivity rates.
As estatísticas de desemprego incluem dados sobre taxas de inatividade econômica.
In Brazil and Portugal, 'inatividade econômica' is a formal statistical term used by government agencies and economists to describe populations not participating in the labor market. This includes students, retirees, caregivers, and those unable to work. The term has gained prominence in discussions about aging populations and youth employment challenges in both countries.
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