ECONOMICS TOPIC OF UN-EMPLOYMENT 21/8/2016

1. 
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2. CONTENTS
DEFINATION
MEASUREMENTS
TYPES
CAUSES
RATES

3. UN-EMPLOYMENT

4.  Unemployment occurs when people are
without work and actively seeking work
 The unemployment rate is a measure of the
prevalence of unemployment and it is
calculated as a percentage by dividing the
number of unemployed individuals by all
individuals currently in the labor force
 According to International Labour
Organization report, more than 200 million
people globally or 6% of the world's
workforce were without a job in 2012.

7. A type of unemployment
caused by insufficient total spending or by
insufficient aggregate demand
It is the unemployment of
workers whose skills are not demanded by
employers, who lack sufficient skill to obtain
employment, or who cannot easily move to
locations where jobs are available

8. occurs when a worker moves
from one job to another and caused by
workers voluntarily changing jobs and by
temporary layoffs unemployed workers
between jobs
It is the type of unemployment
which is caused by the seasonal nature of
some industries like agriculture etc

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