Question

Define unemployment? Explain different types of unemployment?

Answer 1

Unemployment is a situation when a person want to do work but he/she is not getting any work anywhere he/she is worthless for others at a given time.
The main reason of unemployment is
1) Lack of education
2) Not proper knowledge about particular thing
So in other words we can say that a person wants to do work do he/she unable to be employed

There are two types of unemployment-
1) Open unemployment
2) Disguised unemployment

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Answer 2

Unemployment and Its type

Explanation:

• Unemployment happens when somebody who is actively seeking for profession is incapable to obtain a job.

Three kinds of unemployment are most regularly referenced by statisticians when determining the unemployment figure -cyclical unemployment, structural unemployment, and frictional unemployment.

• Structural Unemployment.
• Cyclical Unemployment.
• Frictional Unemployment.

Learn more: Unemployment

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