what are the reason behind unemployment
subject s.st class 9
Answers
Answer:
Demand deficient unemployment occurs when the economy is below full capacity. For example, in a recession aggregate demand (AD) will fall leading to a decline in output and negative economic growth. With a fall in output, firms will employ fewer workers because they are producing fewer goods.
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Answer:
unemployment takes place due to many reasons. There are different types of unemployment which occurs due to different reasons. some of the reason of unemployment are:
Explanation:
Frictional unemployment. This is unemployment caused by the time people take to move between jobs, e.g. graduates or people changing jobs. ...
Structural unemployment. ...
Classical or real-wage unemployment: ...
Voluntary unemployment. ...
Demand deficient or “Cyclical unemployment”