Question

what do you mean by unemployment explain their different types of Unemployment ​

Answer 1

Answer:

There are three main types of unemployment: cyclical, structural, and frictional.  The first type is, unfortunately, most familiar. It occurs during a recession. The second two make up the natural unemployment rate. ... It also explains the terms "real unemployment" and "underemployment

Answer 2

Answer:

Unemployment is a regularly used term and normally refers to those who are 'out of work'. In strictly economic terms, the unemployed include all those who are able and willing to work but cannot find work.

Explanation:

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