Question

write 5 points how unemployment stands as the liability for the society and economic of our country​

Answer 1

Answer:

However, generally, they fall under one of the five major forms of unemployment. The forms of unemployment include: frictional, structural, cyclical, seasonal, and technological.

Answer 2

Explanation:

However, generally, they fall under one of the five major forms of unemployment. The forms of unemployment include: frictional, structural, cyclical, seasonal, and technological.

* Unemployment has costs to a society that are more than just financial.

* Unemployed individuals not only lose income but also face challenges to their physical and mental health.

* Societal costs of high unemployment include higher crime and a reduced rate of volunteerism.

* Governmental costs go beyond the payment of benefits to the loss of the production of workers, which reduces the gross domestic product (GDP).