explain any three effect of unemployment
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Frictional unemployment is when workers leave their old jobs but haven't yet found new ones. Most of the time workers leave voluntarily, either because they need to move, or they've saved up enough money to allow them to look for a better job.
Structural unemployment is when shifts occur in the economy that creates a mismatch between the skills workers have and the skills needed by employers.
Cyclical unemployment is caused by the contraction phase of the business cycle. That's when demand for goods and services fall dramatically, forcing businesses to lay off large numbers of workers to cut costs.
Structural unemployment is when shifts occur in the economy that creates a mismatch between the skills workers have and the skills needed by employers.
Cyclical unemployment is caused by the contraction phase of the business cycle. That's when demand for goods and services fall dramatically, forcing businesses to lay off large numbers of workers to cut costs.
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Answer:
Unemployment reduces the national productivity it reduces the national health
:Unemployment càsues loss of human resources labourers,waste their maximum time in of employment.
: Unemployment drive a man of all sources of income .
This Answers will clear your problem and doubt Thanks iam student for class 9th Name Md.Akif Khan thanks.
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