Question

what is unemployment what it is two types

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please tell me short​

Answer 1

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.

There are basically four types of unemployment: (1) demand deficient, (2) frictional, (3) structural, and (4) voluntary unemployment.

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Answer 2

Answer:

A situation on where someone of working age is not able to get a job but would like to be in full time employment.

the two types are :

(1) Frictional

(2) Structural