the position as establish by says law was broadly exceptable to all the classical economist and that is why in their opinion the economic achieve equilibrium at the full employment level only. this was there conclusion of course those who choose the remain unemployment voluntary because they were better off or the workers who want on strike,wher treated as parts of voluntary unemployment.similarly,because of the ignorance of the labour or because of certain natural clamities comparing the closing down of factories the labour may have to remain such an unemployment as friction unemployment may exist for frictional unemployment was temporary phenomina.that is why obsence in voluntary was taken to be the correct defferent of the concept of full employment. further,they argue that the nature forces of demand and supply would automatically bring about full employment. in voluntary unemployment in any economy is because of enter from the outside forces in the functioning of a free competative market or because of the imperfection in the market .if a free playof the market forcesis allowed unemployment.if there is unemployment the wage rate will go down reducing the cost of production.which will reduced the price of different commodity this will bring about an additional demand for the commodities and increased demand will push up production.this increase in output will provide employment to the unemployment level force.in this way if the wage rate are elastic unemployment will be automatically wippe off.
Educated unemployment is mostly found in INDIA. This unemployment is because of high population rate.
Andhra Pradesh
Gujrat
The youth employment rate in Canada is roughly 1 in 8 Canadians that are not in either work or school. The youth unemployment rate in Canada has been on the rise.
The current unemployment rate in Canada as of July 5, 2013 was 7.1%. With that in mind taking the inverse amount would mean Canada has an employment rate of 92.9%.
Obviously, because of less opportunity and more of unemployment. India does not have much of Employment schemes for Indians.
As India is a overpopulated country it results in unemployment
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
The three types of unemployment found in India are structural unemployment, cyclical unemployment, and frictional unemployment. Structural unemployment refers to a mismatch between the skills possessed by job seekers and the requirements of available jobs. Cyclical unemployment occurs due to fluctuations in the economy, leading to reduced demand for labor. Frictional unemployment is a temporary phase when individuals are in-between jobs or searching for new employment opportunities.
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
unemployment
employment and unemployment
The unemployment rate in India in 1991 was approximately 3.4%.
Unemployment is where a person is not employed and is not making money by working. Employment is where a person works and makes money.
Educated unemployment is mostly found in INDIA. This unemployment is because of high population rate.
There is no cyclical unemployment.
5.5%