Question

state and explain different types of unemployment​

Answer 1

Answer:

There are four main types of unemployment in an economy—frictional, structural, cyclical, and seasonal—and each has a different cause.

Answer 2

Answer:

Unemployment is a term referring to individuals who are employable and seeking a job but are unable to find a job. ... Usually measured by the unemployment rate, which is dividing the number of unemployed people by the total number of people in the workforce, unemployment serves as one of the indicators.

Explanation:

• Frictional unemployment.
• Cyclical unemployment.
• Structural unemployment.
• Institutional unemployment.

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