4, ఆగస్టు 2021, బుధవారం
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| Different type of Unemployment |
Different type of Unemployment
□ Structural Unemployment
◇ Caused by structural change.
◇ Example- technological change, growing population etc.
□ Frictional Unemployment
◇ When people shift from one job to another and remain unemployed during this interval period.
□ Cyclical Unemployment (Demand Deficiency Unemployment)
◇ When people are thrown out from the job due to a decrease in demand.
◇ Example- recession
□ Disguised Unemployment
◇ In this type of employment, people are employed but their marginal productivity is zero.
◇ Example- One man is engaged in some agriculture work, his friend joins him but the productivity of both remains same. His friends come under disguised unemployment.
□ Educated Unemployment
◇ If one educated person not able to get a suitable job suited to his qualification.
◇ Example- Engineering graduate is getting clerk post instead of engineer post.