Question

How will you explain the term unemployment? State it's consequences .​

Answer 1

hii mate..!!!

here is your answer.

unemployment is a phenomenon that occurs when a person who is actively searching for employment is unable to find work.

unemployment couses worker to suffer financial difficulties that may led to emotional destruction.

hope it helps...!

Answer 2

Answer:

Unemployment :

It is a situation where people who are willing tomorrow at the going wages cannot find jobs.

Consequences of unemployment:

• It leads to the wastage of manpower resource.

• People who are an asset for the country turns into liability

•It tends to increase economic overload.

• It increases the dependence of unemployed on the working population.

•It affects the quality of an individual and society.

•Increase in unemployment is an indicator of a depressed economy.