Unemployment can be caused due to:- a) Seasonal nature of agriculture b) Migration of rural population c) Joint family system d) Development of Tourism
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Did you know India has one amongst the highest unemployment rates in Asia? In 2017 it was at 3.4%. One of the most crucial concerns of any economy is unemployment. This lesson elaborates on the concept and calculation of unemployment rate, its causes and how it differs in rural and urban India.
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