Question

Explain the Type of unemployment

Answer 1

The different types of unemployment are :-

# Disguised Unemployment
This is the phenomenon where too many workers are working in a specific job. This happens in small agricultural farms where the whole family may be working on the farm but so many workers are not required to cultivate the farm efficiently.

# Seasonal unemployment
Seasonal unemployment occurs when workers can find work only in a specific season. For example, agricultural workers may find work only during busy agricultural seasons when sowing, harvesting, weeding and threshing are done.

# Educated unemployment
Before the economic liberalization of 1991, there was widespread educated unemployment in India. At that time, the size of the Indian economy was not large enough to absorb all the people who were graduating from the colleges and universities of the country. For example, many engineers, despite their degrees, could not find any job.

#Underemployment
Underemployment refers to an employment situation where a worker is doing a job for which he is overqualified. In thi situation, the worker has education, experience, or skills beyond the requirements of the job. But the worker is forced to do this job because of lack of employment opportunities commensurate with his qualifications. Examples include a holder of a MBA degree doing routine clerical or administrative jobs in an office.

Answer 2

There are 3 type of unemployment
1) Seasonal unemployment - when people are not able to find jobs during some months.
2) disguised unemployment - all the people appear to be employed, but the work requires less number of person.
3) educated unemployment - in urban areas, it is a common phenomenon. Many youth with matriculation, graduation and post-graduation degree a are not able to find jobs