State the meaning of involuntary unemployment?
Answers
Answered by
1
Explanation:
If the labour force could be defined with precision, then unemployment is simply the difference between the labour force and employment. By definition, unemployment is the absence of employment where the latter is sought, and is thereby involuntary.
Answered by
1
Answer:
involuntary un employment occurs when a person is willing to work at the prevailing wage yet is unemployed.
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