3/22/2018 SSC Economic Notes: Unemployment and its types

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SSC Economic Notes: Unemployment and its types

82 upvotes 5 comments

After various notes of SSC GK Economic Notes, we are adding the important study
notes based on Unemployment and its types. You can also read earlier SSC
Economic Notes provided by us from the link given below.

SSC GK Economic Notes - Read Here

Unemployment and its type

Unemployment

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It is a situation in which people are ready and willing to work at the existing
rate of wages but still, they cannot get work.
Measurement unemployment and employment are done by NSSO (National
Sample Survey Organization) in India.

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3/22/2018 SSC Economic Notes: Unemployment and its types

NSSO divide people into the following three categories -

(a) Working
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(b) Not working (looking for work)

(c) Neither working nor looking for workPeople in category (a) are called
People in category (a) are called workforce.
People in category (b) are called unemployed.People in categories (a) and (b)
are called Labour force.
People in category (c) are called not in the Labour force.
Number of unemployed = Labour force – Workforce
Unemployment data in India are kept under the Ministry of Labour and
Employment.

Types of Unemployment-

1. Structural Unemployment-

Caused by structural change.

Example- technological change, growing population etc.

2. Frictional Unemployment-

When people shift from one job to another and remain unemployed during this
interval period.

3. Cyclical Unemployment (Demand De ciency Unemployment)-

When people are thrown out from the job due to a decrease in demand.
Example- recession

4. Disguised Unemployment-

In this type of employment, people are employed but their marginal

productivity is zero.
Example- One man is engaged in some agriculture work, his friend joins him
but the productivity of both remains same. His friends come under disguised
unemployment.

5. Educated Unemployment-

If one educated person not able to get a suitable job suited to his
quali cation.
Example- Engineering graduate is getting clerk post instead of engineer post.

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3/22/2018 SSC Economic Notes: Unemployment and its types

6. Open Unemployment-
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A condition in which people do not nd any work to do.
It includes both skilled and non-skilled people.

7. Under Unemployment-

When people obtain work but their e ciency and capability are not utilized at
their optimum and they contribute in the production up-to a limited level.

8. Voluntary Unemployment-

In this type of unemployment, jobs are available but individual wants to

remain idle.
Example- lazy people, people who have ancestor property do not want to earn.

9. Natural Unemployment-

2 to 3 % unemployment considered natural and cannot be eliminated.

10. Chronic Unemployment-

Caused due to the long-term unemployment present in the economy.

11. Seasonal Unemployment-

In this type of unemployment, people are unemployed for few months of the
year.
Example- Farmers

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3/22/2018 SSC Economic Notes: Unemployment and its types

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82 upvotes 5 comments

Tags : SSC SSC CGL General Awareness

Posted by:

Puneet Bansal
Feb 27 SSC

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Comments WRITE A COMMENT

Vishesh Khandelwal Feb 27

Thanks sir
0 0

Nishtha Pandey Feb 27

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3/22/2018 SSC Economic Notes: Unemployment and its types

Thank you sir

0All Exams 0

Tabish Shaikh Feb 27

@Puneet Bansal sir aaj ye ise situation bani hoi hai.to ise me kya ssc cgl 2018
time pr hoga...ya nhi
1 0

Amar Nath Prasad Feb 27

Thnx
0 0

Naveen Jain Feb 27

@Puneet Bansal sir I have exam of chsl  on 4 March so can u provide me last 6 
months current affairs in short which is most important.... Nd plse  provide in
hindi....
0 0

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