Question

state the meaning of unemployment and discuss its types. (4 marker question)​

Answer 1

Answer:

Unemployment is a phenomenon that occurs when a person who is actively searching for employment is unable to find work. ... The most frequently measure of unemployment is the unemployment rate, which is the number of unemployed people divided by the number of people in the labor force.

Answer 2

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Unemployment occurs when a person who is willing to do a job is unable to find work that he/she enjoys doing.

There are basically two type of unemployment :

1. Seasonal unemployment : this happens when the season of particular kind of work end and people are left unemployed again.

E. g. In agriculture.

2. Disguise unemployment : this happens when more number of people do a job than required number of employees that leads to no profit at all.

#Hope it helps

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