# Unemployment Rate

*Macro & Economy — Finicade finance glossary*

The share of people who want work and are looking but can't find it. A headline gauge of economic health, it tends to spike in recessions and drift down in booms — though it misses those who've given up looking.

**Related terms:** [Recession](https://finicade.com/glossary/recession), [Business Cycle](https://finicade.com/glossary/business-cycle), [GDP (Gross Domestic Product)](https://finicade.com/glossary/gdp)

**Taught in:** Macro & Markets — Unemployment: Counting the Idle

Source: https://finicade.com/glossary/unemployment-rate