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Question
How willyou explain the term unemployment?
How willyou explain the term unemployment?
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Solution
Unemployment is asituation in which people who are able and willing to work at thegoing wages cannot find jobs.
Anindividual is termed as unemployed if he or she is part of theworkforce of a country, and is capable and willing to work forpayment, but is unable to do so.
Unemployment is asituation in which people who are able and willing to work at thegoing wages cannot find jobs.
Anindividual is termed as unemployed if he or she is part of theworkforce of a country, and is capable and willing to work forpayment, but is unable to do so.
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