Optional reading:

Terms you shall understand: 

unemployment, youth unemployment, job vacancy, job posting, job seeker, long-term unemployed, registered unemployment, vacancy, employment, labor market participation, underemployment, labour market tightness, job search, inactive (out of labour force), self-employment, job insecurity, fringe benefits, labor and non-labor income,
Difference between reservation wage and minimum wage, minimum wage vs collectively agreed wages,  what motivates people to work