Question

what are the cause and consequences of unemployment​

Answer 1

Unemployment is caused by demand and supply side factors.

On the demand side if the demand curve shifts inwards unemployment will rise

Supply side factors such as an excess of supply of workers also means unemployment will increase

Answer 2

Answer:

Explanation:

Unemployment is caused by various reasons that come from both the demand side, or employer, and the supply side, or the worker. Demand-side reductions may be caused by high interest rates, global recession, and financial crisis. From the supply side, frictional unemployment and structural employment play a great role.