Compare voluntary and involuntary unemployment
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Voluntary unemployment refers to a situation when persons who are able to work but are not willing to work is although suitable work is available for them on the contrary .
Involuntary unemployment occurs when those who are able and willing to work at the going wage rate do not get work .
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Voluntary Unemployment:
It refers to the situation where people who are able to work, but are not willing to work at the existing wage rate remain unemployed.
Involuntary Unemployment:
It refers to the situation where people who are able to work and are willing to work at the existing wage rate do not get employment opportunities.
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