Its an audio ppt which was a part of my additional assignment.

1. Types Of
Unemployment

2.  Frictional
Unemployment: It
exists when there is
lack of adjustment
between demand for
and supply of labour
force.
 Example: When
someone is laid off,
changes jobs, or need
time to find a job after
graduating from school.

3.  Structural Unemployment: This refers to a situation when a large
number of people do not get work because of limited job opportunities
available.
 Causes of Structural Unemployment:
 New Technology
 New Resources
 Changes in Consumer Demand
 Globalization- Shift to foreign markets
 Lack of Education
 Example: Unemployment in India is basically structural in nature.

4.  Seasonal Unemployment: This refers to a situation when people get work
during some days or months of the year, but not regularly throughout the year
and, therefore, they are unemployed during some part of the year.
 Examples: When people who sell fire crackers on Diwali are out of a job
because the festival has passed.

5.  Cyclical Unemployment: It is associated with the downswing and depression
phases of business cycle.
 Examples: A recession causes people to save more and spend less, because of
this companies may slow down production and lay off workers.

6.  Open Unemployment: It refers to
situation when there are some workers
who have absolutely no work to do.
 Examples: Frictional, Structural and
Cyclical unemployment are different
examples of Open unemployment.

7.  Disguised Unemployment: This refers to a situation when the number of workers
engaged in a job is much more than actually required to do the given work.
 For Example, if a piece of land requires only three people to work on it and
instead five people are working on it, then the two extra people are said to be in
a situation of disguised unemployment.

8.  Underemployment: It refers to a situation when the employed persons are
contributing to production and income which is less than what they are really
capable of.
 For Example, an individual with an engineering degree working as a pizza
delivery man as his main source of income is considered to be
underemployed.

10. Thank You