This document defines unemployment and discusses its causes, effects, and types. It states that the main causes of unemployment include a defective investment system, technology, poverty, education systems, slow economic development, high population growth, and lack of opportunities. The effects are mental stress, low self-esteem, political issues, crime, loss of skills, suicide, and increased poverty. There are four types of unemployment: frictional due to job transitions, seasonal in industries like farming, structural from long-term market changes, and regional when structural impacts local areas.

4. Definition of unemployment:

5. Causes of
unemployment:
Defective investment system
Technologycal
Poverty
Defective system of education
Slow progress of economic development
High population growth
Absence of employment opportunities

6. Effects of
unemployment
•Mentel stress
•Loss of self esteem
•Political issues
•Crime and violence
•Loss of skill usage
•Suicide cases
•Increase in poverty

7. Types of unemployment

8. Frictional unemployment:
Frictional unemployment, also called search
unemployment, occurs when workers lose their current
job and are in the process of finding another one.

9. Seasonal unemployment
Seasonal unemployment exists because certain
industries only produce or distribute their
products at certain times of the year.f0r
example,farming,tourism and construction.

10. Structural unemployment occurs when certain
industries decline because of long term changes in
market conditions.

11. Regional unemployment
When structural unemployment affects local areas of an
economy, it is called ‘regional’ unemployment.