State the social and economic harmful impacts of unemployment, and explain the common weekly status and daily status of employment and unemployment. Also explain the measures initiated by the government for employment creation.
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Answer:
....Hope it helps buddy...
Explanation:
- Brain Draim
- Loss of public sector
- GDP decrement
Governement takes initiative but cotmrruption makes it useless
So, eremove corruption
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Cyclical unemployment is a type of unemployment that occurs when there is not enough aggregate demand in the economy to provide jobs for everyone who wants to work. In an economy, demand for most goods falls, less production is needed, and less workers are needed.
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