Question

Que.34) What is meant by Unemployment? What are its consequences?
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Answer 1

Answer:

Answer:Unemployment is a situation when a person is actively searching for jobs but so far he is not getting employeed.. Specific individual consequences of unemployment are obvious. Buying even the basic necessities could be tough, much less buying the latest technology gadget.

Answer 2

Answer:

The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health