Unemployment and its types

Unemployment and its types

Unemployment is a very complex phenomenon. It is rather easy to notice but difficult to define. Broadly, unemployment may mean lack of employment. Thus, any body who fails to work may be considered as being unoccupied and therefore unemployed for the concerned period. Ordinarily, the term unemployment denotes a condition of joblessness.

: (1) Seasonal unemployment, (2) Frictional unemployment, (3) Disguised unemployment, (4) Structural unemployment, (5) Cyclical unemploy­ment, (6) Technological unemployment. Besides, we may also discuss about (a) Visible or open employment, (b) Educated unemployment, (c) Female unemployment, 

Rural and urban unemployment