Login

What is unemployment?

unemployment is a situation in which people who are willing or able to work at going wages cannot find jobs. an individual is termed unemployed when he or she is a part of the workforce of a country and is capable and willing to work for payment but is unable to do so.
  • 1
View Full Answer
The person who want to work but cannot get the job
  • 0
  • Unemployment is a situation in which people who are willing to take up jobs at the existing wages is not able to find a job.This is Open unemployment. 
  • It also includes qualified or educated people who cannot find jobs that suites their qualification. In such a case it is called educated unemployment.  
  • When more number of people than required are engaged in a work , it is called disguised unemployment.
  • 0
When a person willing to work and has ability to work but not able to find any work.
  • 0
What are you looking for?