Question

define unemployment. what types of unemployment found within a country​

Answer 1

Natural unemployment consists of two of the three main types of unemployment: frictional and structural. It explains why there will always be some level of unemployment, even in a healthy economy. People will always be changing jobs, and sometimes they leave a job before finding a new one.
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Answer 2

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Unemployment is defined as a situation in which a person who is actively searching for employment is unable to find any work.

Following are the different types of unemployment :-

• Disguised unemployment - This is a kind of situation in which more than the required number of persons are employed in a particular job.

• Seasonal unemployment - This is a kind of situation in which certain people are seasonally employed for a specific period but later remain unemployed throughout the year.

• Structural unemployment - This is a kind of situation in which a particular economy fails to generate sufficient jobs due to various reasons like low level of economic development, illiteracy, backwardness, etc.

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