Those who choose to remain unemployed voluntarily or are unable to work due to some Born a cowboys fan just like my Daddy shirt physical or mental health issue are not counted as unemployed. Here is a detailed look at the different types of unemployment: When more than the required numbers of people are employed at a place, it is said to be disguised unemployment. Removing these people does not impact productivity. As the term suggests, this is the type of unemployment that is seen during certain seasons of the year. The industries most affected by seasonal unemployment include the agricultural industry, resorts, and ice factories, to name a few.
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This is when a vast Born a cowboys fan just like my Daddy shirt number of laborers are unable to seek a job that provides them a regular income. The problem occurs as the labor force increases at a much greater rate compared to the economy’s growth rate. This kind of unemployment occurs because of a major change in the country’s economic structure. This is said to be a result of technological advancement and economic development. Inability to find a suitable job, lack of employable skill and flawed education system are some of the reasons why the educated lot remains unemployed.
Though the government has launched several programmes to control each type of unemployment, however, the results are far from satisfactory. The government needs to devise more effective strategies for employment generation. Unemployment is a serious problem. This kind of unemployment occurs because of a major change in the country’s economic structure.