What do you mean by the term unemployment describe different types of unemployment found in india?
Answers
Answer:Unemployment may be defined as “a situation in which the person is capable of working both physically and mentally at the existing wage rate, but does not get a job to work”.
Explanation:
1. Open Unemployment:
Open unemployment is a situation where in a large section of the labour force does not get a job that may yield them regular income.
2.Disguised Unemployment:
It is a situation in which more people are doing work than actually required. Even if some are withdrawn, production does not suffer.
3. Seasonal Unemployment:
It is unemployment that occurs during certain seasons of the year. In some industries and occupations like agriculture, holiday resorts, ice factories etc., production activities take place only in some seasons.
Unemployment -
Unemployment refers to a situation where those people who wants to do work and are willing to do work are unable to find any work.
- In India we have unemployment in rural and urban areas.
- In urban areas, we have educated and technical unemployment.
- In rural areas, we have disguised and seasonal unemployment.