Social Sciences, asked by kksjdvshsdg, 9 months ago

define unemployment. it is not only the primary sector but can happen in others also .explain​

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Answered by SamikBiswa1911
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Answer:

Unemployment, according to the Organisation for Economic Co-operation and Development, is when persons above a specified age are not in paid employment or self-employment and are currently available for work during the reference period.

Cyclical unemployment is unemployment that results when the overall demand for goods and services in an economy cannot support full employment. It occurs during periods of slow economic growth or during periods of economic contraction. On the other hand, unemployment is also a natural phenomenon that even ... discouraged workers, people who do not have a job, but they will take a job if offered one. ... is defined as anyone who is over the age of 16 who potentially could be part ...

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