Question

Give the meaning of involuntary unemployment.

Answer 1

Involuntary unemployment occurs when a person is willing to work at the prevailing wage yet is unemployed.Involuntary unemployment is distinguished from voluntaryunemployment, where workers choose not to work because their reservation wage is higher than the prevailing wage.





hope it help you

Answer 2

ıllıllı H3y4 ıllıllı

An involuntary unemployment means a situation in which all able persons who are willing to work at the prevailing wage rate do not get work. Thus, their unemployment is involuntary (i.e., not voluntary) because they are rendered unemployed against their wishes.