disxuss the nature of unememoyment in India
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Unemployment refers to a situation in which the workers who are capable of working and willing to work do not get employment. In other words, unemployment is a situation where the persons who are able to work and willing to work, fail to secure work or activity which gives them income or means of livelihood. Most of the unemployment in India is structural in nature. Apart from structural unemployment, there is some cyclical unemployment. If we classify unemployment as urban and rural, we find that the total urban unemployment is mainly industrial and educated and rural unemployment is seasonal and disguised in nature.
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