Question

what is unemployment​

Answer 1

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$\large{\mathcal{\colorbox{indigo}{\pink{⭐ What is Unemployment?⭐️}}}}$

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Unemployment is a phenomenon that occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently measure of unemployment is the unemployment rate, which is the number of unemployed people divided by the number of people in the labor force.

$\large{\mathcal{\colorbox{lime}{Types:-⤵️️}}}$

• Frictional unemployment
• Cyclical unemployment
• Structural unemployment
• Institutional unemployment

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꧁Hopes so that this will help you,꧂

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