what do you mean by unemployment describe different types of unemployment in India
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Seasonal unemployment : It means that in agriculture, during peak season (when the crop is ready for harvest) there is sudden employment but in other seasons there is vast unemployment because small farmers don't have much land even to fulfil their basic needs.
Voluntary unemployment : People who are unwilling to work or need not work, for example people who get continuous flow of money from property, etc are voluntarily unemployed.
Frictional unemployment : Labor is in process of moving from one industry to another. Employers are seeking workers and workers are seeking employers.
Casual unemployment : Greater availability of workers than the job itself.
Disguised unemployment : Too many cooks spoil the broth applies here. There are too many workers for a job which doesn't require that many workers.
Voluntary unemployment : People who are unwilling to work or need not work, for example people who get continuous flow of money from property, etc are voluntarily unemployed.
Frictional unemployment : Labor is in process of moving from one industry to another. Employers are seeking workers and workers are seeking employers.
Casual unemployment : Greater availability of workers than the job itself.
Disguised unemployment : Too many cooks spoil the broth applies here. There are too many workers for a job which doesn't require that many workers.
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Answer:
Unemployment is a situation when people, who are willing to work at the existing wedges, are not able to find jobs for themselves.
General there are three types of unemployment:
1) Seasonal unemployment is a situation when people are not able to find jobs during the particular months of the year especially in agriculture.
2) Disguised unemployment is a situation when people appear to be employed but in reality they are not.
3) Educated unemployment means unemployment among the educated people. It usually occurs in cities where they are educated or skilled people but no job opportunities.
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