Economy, asked by parthagarwal1645, 1 year ago

What is the difference between voluntary and involuntary unemployment

Answers

Answered by ankitpaswan16
1
voluntary ia that the part of the body that can do work according to our will.
Invlountary is that the part of the body that cannot do work according to our will.
Answered by VelvetBlush
0

Voluntary Unemployment

Voluntary unemployment refers to a situation on people choose to remain unemployed even when jobs are available. They may not be willing to work at all or not willing to work at the existing wage rate.

Involuntary Unemployment

Involuntary unemployment refers to the situation when some people are not getting work even when they are willing to work at the existing wage rate.

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