what is unemployment?explain different types of unemployment?
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Answer:
There are four type of unemployment: structural, seasonal, frictional and cyclical.
Explanation:
Unemployment is a bureau which have no job.
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★ QUESTION ★
➧ What is unemployment? Explain different types of unemployment ?
★ ANSWER ★
➧ This is the situation "when a person is willing to work but fails to find any gainful work or job".
Unemployment is one of the major economic problems of India. Different types of unemployment are given below :-
- Disguised Unemployment ➢ It is a type of unemployment in which more people are engaged in an activity than required number of people.
- Seasonal Unemployment ➢ It is a type of unemployment in which people are employed during some months of year and unemployed during rest of the year.
- Structural Unemployment ➢ It is the situation in which unemployment occurs due to:- Lack of capital , Lack of resources etc.
- Educated Unemployment ➢ It is the type of unemployment under which many youths with matriculation , graduation, degrees are not able to find work.
- Technical Unemployment ➢ If unemployment owing to changes in technology, it is termed as technical unemployment.
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