Economy, asked by shreshthakokatpejpzh, 1 year ago

Defination of voluntary unemployment and involuntary unemployment

Answers

Answered by riya69997

Ans. Voluntary unemployment refers to the situation when the worker deliberately choose not to work because of a low wage scale or not able to find out the suitable employment for him.
Involuntary unemployment occurs when a person is willing to work at the prevailing wage yet is unemployed..

Answered by helperboy33

Answer: Voluntary unemployment is defined as a situation where the unemployed choose not to accept a job at the going wage rate.

Involuntary unemployment:-

unemployment is said to exist when people who are willing to work at the current wages can't find jobs.in economic terms that are called involuntary unemployment.

Explanation:

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