noun, noun which may take the genitive case particle 'no'
invisible unemployment; hidden unemployment
Economic term for unemployment not reflected in official statistics, such as discouraged workers or underemployment.
潜在失業者は統計に表れないため、実際の失業率はもっと高いかもしれない。
Because invisible unemployment doesn't appear in statistics, the actual unemployment rate may be higher.
完全失業 refers to complete unemployment where a person is actively seeking work, while 潜在失業 includes those who have given up looking or are underemployed.
Compound of 潜在 (latent, hidden) and 失業 (unemployment).