Question

Explain any two types of unemployment. How does unemployment affect the overall growth of an economy? pls tell fast

Answer 1

Answer:

Unemployment affects the overall growth of an economy. People who are an asset for the nation turn into a liability for an organization. It leads to wastage of manpower resources. ... Increase in unemployment is an indicator of a depressed economy.

Explanation:

PLZ MARK ME BRAINLIST

Answer 2

Types of unemployment

Cyclical unemployment. Cyclical unemployment exists when individuals lose their jobs as a result of a downturn in aggregate demand (AD). ...

Structural unemployment. ...

Regional unemployment. ...

Classical unemployment. ...

Seasonal unemployment. ...

Frictional unemployment. ...

Voluntary unemployment.