what is unemployment? explain two types of unemployment found in rular area
Answers
Answer:
Unemployment, according to the OECD, is persons above a specified age not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force.
for example, Following are the type of unemployment prevailing in rural areas: Disguised unemployment where more number of people are engaged in productive work then actually needed. Seasonal unemployment where during some months there is no employment available like in winters .
Answer:
Unemployment, according to the OECD, is persons above a specified age not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force.
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