Question

How will you explain the term unemployment with their different types?

Answer 1

HEYA....☺

Here is ur ans. ⤵

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↪ The term unemployment refers to the state of people who are willing to work at the current wage but didn't get the job .


There are two main types of Unemployment

1. DISGUISED UNEMPLOYMENT

2. SEASONAL UNEMPLOYMENT


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Hope it helps

Answer 2

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(i)Unemployment is said to exist when people who are willing to work at the going wages cannot find job.

(ii)Unemployment in a country refers to that situation where in large number of working population is willing to work at the existing rate of wages but due to several reasons they fail to get any work.

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