Question

What are the different types of unemployment in india? Explain in detail?

Answer 1

Answer:

There are three main types of unemployment: structural, frictional, and cyclical. The first two make up the natural unemployment rate. The third rises when demand falls, usually during a recession. Some economists define as many as six additional types of unemployment, such as seasonal and classical.

Answer 2

Answer:

✳Different types of unemployment in India are:

1. Underemployment or disguised unemployment: A situation where there are more people in agriculture than necessary.

2. Seasonal unemployment: When people are unemployed for a particular season, it is called as seasonal unemployment.