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UNEMPLOYMENT, ITS TYPE AND
CAUSES
PRESENTED BY :
USHNA AMJAD (60742)
WHAT IS UNEMPLOYMENT ?
Unemployment is a phenomenon that occurs
when a person who is actively searching for
employment is unable to find work.
TYPES OF UNEMPLOYMENT
• FRICTIONAL UNEMPLOYMENT also called search
unemployment, occurs when workers lose their current
job and are in the process of finding another one.
• SEASONAL UNEMPLOYMENT
exists because certain industries
only produce or distribute their
products at certain times of the
year. Industries where seasonal
unemployment is common
include farming, tourism, and
construction
• VOLUNTARY
UNEMPLOYMENT Is when
a person is unemployed
not due to unavailability of
jobs in the economy, but
because of not being able
to find employment of
his/her own choice.
• INVOLUNTARY UNEMPLOYMENT occurs when a
person is willing to work at the prevailing wage yet is
unemployed
• CYCLICAL
UNEMPLOYMENT is a
factor of overall
unemployment that
relates to the cyclical
trends in growth and
production that occur
within the business
cycle. When business
cycles are at their peak,
cyclical unemployment
will be low because total
economic output is
being maximized.
• STRUCTURAL UNEMPLOYMENT resulting from
industrial reorganization, typically due to
technological change, rather than fluctuations in
supply or demand.
• CLASSICAL
UNEMPLOYMENT also
called real
wage unemployment
occurs when the wages a
worker is willing to accept
(real wages) is in excess of
those an employer is
willing to pay (market
clearing wage)
CAUSES OF UNEMPLOYMENT IN
PAKISTAN
Growth of population
Poor education system
Violence and terror activities
High age of retirement
SOLUTION OF UNEMPLOYMENT IN
PAKISTAN:
 Proper Planning By The Government Of Pakistan.
 Education System
 Training And Technical Institutions
 Age Of Retirement
 Remove Energy Crisis
 Peace Across The Country
 Agriculture Sector
 Jobs On Merits.
Macro ppt

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Macro ppt

  • 1. UNEMPLOYMENT, ITS TYPE AND CAUSES PRESENTED BY : USHNA AMJAD (60742)
  • 2. WHAT IS UNEMPLOYMENT ? Unemployment is a phenomenon that occurs when a person who is actively searching for employment is unable to find work.
  • 3. TYPES OF UNEMPLOYMENT • FRICTIONAL UNEMPLOYMENT also called search unemployment, occurs when workers lose their current job and are in the process of finding another one.
  • 4. • SEASONAL UNEMPLOYMENT exists because certain industries only produce or distribute their products at certain times of the year. Industries where seasonal unemployment is common include farming, tourism, and construction
  • 5. • VOLUNTARY UNEMPLOYMENT Is when a person is unemployed not due to unavailability of jobs in the economy, but because of not being able to find employment of his/her own choice.
  • 6. • INVOLUNTARY UNEMPLOYMENT occurs when a person is willing to work at the prevailing wage yet is unemployed
  • 7. • CYCLICAL UNEMPLOYMENT is a factor of overall unemployment that relates to the cyclical trends in growth and production that occur within the business cycle. When business cycles are at their peak, cyclical unemployment will be low because total economic output is being maximized.
  • 8. • STRUCTURAL UNEMPLOYMENT resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
  • 9. • CLASSICAL UNEMPLOYMENT also called real wage unemployment occurs when the wages a worker is willing to accept (real wages) is in excess of those an employer is willing to pay (market clearing wage)
  • 10.
  • 11. CAUSES OF UNEMPLOYMENT IN PAKISTAN Growth of population Poor education system Violence and terror activities High age of retirement
  • 12. SOLUTION OF UNEMPLOYMENT IN PAKISTAN:  Proper Planning By The Government Of Pakistan.  Education System  Training And Technical Institutions  Age Of Retirement  Remove Energy Crisis  Peace Across The Country  Agriculture Sector  Jobs On Merits.