What is unemployment
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Yogita Ingle 4 years, 9 months ago
Unemployment: It is a situation where a person is ready and willing to work at the prevailing wage-rate but doesn’t get work.
Types of unemployment:
1. Rural unemployment
a. Seasonal Unemployment
b. Disguised Unemployment
2. Other types of unemployment
a. Open
b. Frictional
c. Structural
d. Cyclical
1Thank You