Q. The unemployment created at certain times of the year, when the demand for goods and services are lower than normal, is…………….
Solution:
Seasonal unemployment when people are unemployed at particular times of the year when demand for labour is lower than usual.Cyclical unemployment is when workers lose their jobs because of downturns in the business cycle.Frictional unemployment is unemployment that results from temporary transitions made by workers and employers who lack sufficient information.Structural unemployment is a form of unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills demanded of workers by employers
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