what is unemployment ?name two types of unemployment's prevailing in India ? what are the disadvantages of unemployment
Answers
Unemployment - When a person has knowledge and able to do work or job but the person is failed to get job . It is called as unemployment
Two types of Unemployment
1. Frictional Unemployment - This is the type of Unemployment in which a person is between the jobs or are looking for his first job
2. Seasonal unemployment - when people are unemployed at certain times of the year, because they work in industries where they are not needed all year round.
Disadvantages of Unemployment - There are many disadvantages of unemployment such as
when many people are not able to get jobs so in this case our country economic condition decreases and GDP also decreases
Answer:
Unemployment occurs when a person who is actively searching for employment is unable to find work.
Explanation:
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