noun
voluntary unemployment
Economics term for unemployment resulting from workers choosing not to accept jobs at prevailing wages, often due to job-search frictions, reservation wages, or preference for leisure.
自発的失業は、労働者が現在の賃金水準で働くことを望まない場合に生じる。
Voluntary unemployment occurs when workers do not wish to work at the current wage level.
Even when the economy recovers, voluntary unemployment can remain high.