Question

state three effects of unemployment in our country​

Answer 1

What are three causes of unemployment?

The causes of unemployment in high-income countries of the world can be categorized in two ways: either cyclical unemployment caused by the economy being in a recession, or the natural rate of unemployment caused by factors in labor markets, such as government regulations regarding hiring and starting businesses.

Answer 2

Heya Mate ✌✌✌

Here's your answer!!!!

The three effects of unemployment are:

1) It leads to wastage of the country's resources.

2) The quality of life is adversely affected as without employment, people don't earn money and thus become poverty - stricken.

3) It has detrimental effect on the country's economy as income is not generated by everyone thus leading to decline of the economy.

Hope it helps you!!

Cheers ☺☺☺