Question

Analyze different types of unemployment.

Answer 1

Answer:

There are six main types of unemployment in economy.they are-

• frictional unemployment-caused by temporary transitions in workers' lives.
• structural unemployment-caused by a mismatch in the demographics of workers and the types of jobs available or changes in the economic structure of the society.
• cyclical unemployment-caused by declining demand.
• seasonal unemployment-caused by different industries or parts of the labor market being available during different seasons.
• Technological Unemployment-caused when Keynes failed to take into account technological unemployment that has taken place more rapidly in the post-war period.
• Disguised Unemployment-caused when People are prepared to work but they are unable to find work throughout the year due to the lack of complementary factors.

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Answer 2

Answer:

sorry

Explanation:

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