Social Sciences, asked by Phenixdante, 3 months ago

what do you mean by unemployment? discuss the causes of and consequences of unemployment?​

Answers

Answered by hmnagaraja3
1

Answer:

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.

Explanation:

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Answered by phaneeshamk
1

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.

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