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UNEMPLOYMENT
UNEMPLOYMENT
 Unemployment Is A Situation In Which No Job Is
Available For A Person To Earn His Or Her
Livelihood.
TYPES
 A Person Is Out Of Job Because Of His / Her Own
Desire To Not To Work On The Prevalent Or
Prescribed Wages.
VOLUNTARY
 A Person Is Separated From Remunerative Work
And Devoid Of Wages Although He Is Capable Of
Earning His Wages And Is Also Anxious To Earn
Them.
INVOLUNTARY
TYPES
FRICTIONAL
 It Is Defined As The No. Of Unemployed Persons
Under The Condition That The No. Of Job
Vacancies Equal The No. Of Job Seekers Who
Somehow Fail To Get The Job.
STRUCTURAL
 Under Structural Unemployment , A Person Either
Goes Out Of The Job Or Remains Unemployed For
Prolonged Period Of Time Till He Acquires New
Skills.
SEASONAL
 Seasonal Unemployment Occurs Of Certain
Seasons Of The Year. Refers To A Situation Where
A Number Of Persons Are Not Able To Find Jobs
During Some Months Of The Year.
OPEN
 It Is A Condition In Which People Have No Work
To Do. They Are Able To Work And Are Also
Willing To Work But There Is No Work For Them.

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#Unemployment

  • 2. UNEMPLOYMENT  Unemployment Is A Situation In Which No Job Is Available For A Person To Earn His Or Her Livelihood.
  • 4.  A Person Is Out Of Job Because Of His / Her Own Desire To Not To Work On The Prevalent Or Prescribed Wages. VOLUNTARY
  • 5.  A Person Is Separated From Remunerative Work And Devoid Of Wages Although He Is Capable Of Earning His Wages And Is Also Anxious To Earn Them. INVOLUNTARY
  • 7. FRICTIONAL  It Is Defined As The No. Of Unemployed Persons Under The Condition That The No. Of Job Vacancies Equal The No. Of Job Seekers Who Somehow Fail To Get The Job.
  • 8. STRUCTURAL  Under Structural Unemployment , A Person Either Goes Out Of The Job Or Remains Unemployed For Prolonged Period Of Time Till He Acquires New Skills.
  • 9. SEASONAL  Seasonal Unemployment Occurs Of Certain Seasons Of The Year. Refers To A Situation Where A Number Of Persons Are Not Able To Find Jobs During Some Months Of The Year.
  • 10. OPEN  It Is A Condition In Which People Have No Work To Do. They Are Able To Work And Are Also Willing To Work But There Is No Work For Them.