Sriram was working in a textile factory. The employers of the factory brought machines to speed up the process, and Sriram lost his job because of this. Now, he is actively looking for a new job.
Identify the type of unemployment in the above case.

Industrial unemployment

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Seasonal unemployment

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Structural unemployment

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Educated unemployment

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Solution

The correct option is A Industrial unemployment
Sriram was working in a factory and got replaced due to the mechanisation of the process in the factory. He has to learn new skills to stay in the job. During this short period of learning, the person remains unemployed. This type of unemployment is termed as industrial unemployment.

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	M1	M2	M3	M4	M5
J1	40	30	50	50	58
J2	26	38	60	26	38
J3	40	34	28	24	30
J4	28	40	40	32	48
J5	28	32	38	22	44

	M1	M2	M3	M4	M5
J1	40	30	50	50	58
J2	26	38	60	26	38
J3	40	34	28	24	30
J4	28	40	40	32	48
J5	28	32	38	22	44

Sriram was working in a textile factory. The employers of the factory brought machines to speed up the process, and Sriram lost his job because of this. Now, he is actively looking for a new job. Identify the type of unemployment in the above case.

Sriram was working in a textile factory. The employers of the factory brought machines to speed up the process, and Sriram lost his job because of this. Now, he is actively looking for a new job.
Identify the type of unemployment in the above case.

	M1	M2	M3	M4	M5
J1	40	30	50	50	58
J2	26	38	60	26	38
J3	40	34	28	24	30
J4	28	40	40	32	48
J5	28	32	38	22	44