Question

The unemployment generated due to change in market conditions (change in demand and supply conditions) is called as?

Q: Answer-The unemployment generated due to change in market conditions (change in demand and supply condition...

Open Unemployment a situation where a large section of the labour force does not get a job that may yield them regular income. Underemployment is a situation in which a worker is employed, but his or her work hours andor wages have been reduced other than at the workers request Disguised unemployment exists where part of the labor force is either left without work or is working in a redundant manner where worker productivity is essentially zero