Question

what is mean by unemployment?list sources of unemployment Data.​

Answer 1

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Q:-what is mean by unemployment?list sources of unemployment Data.

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Unemployment:-

unemployment refers to a situation in which people are willing to work at the prevailing wage rate ,but don't get work.

Sources of Unemployment Data:-

• Report of census of India or census report of india
• NSSO(National Sample survey office)
• Directorate General of Employment and training (DGET)

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Answer 2

Answer:

The unemployment rate is the percent of the labor force that is jobless. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions, rather than anticipating them. When the economy is in poor shape and jobs are scarce, the unemployment rate can be expected to rise. When the economy is growing at a healthy rate and jobs are relatively plentiful, it can be expected to fall.

UNEMPLOYMENT SOURCES: The four key types or sources of the unemployment of resources, especially labor, are cyclical, seasonal, frictional, and structural. The first, cyclical, in most important in the macroeconomic analysis of business cycles.