SSC Economic Notes: Unemployment and its types

By Sachin Awasthi|Updated : June 17th, 2020

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.

Unemployment and its types

Unemployment

  • 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 the NSSO (National Sample Survey Organization) in India.
  • NSSO divide people into the following three categories -
    (a) Working people (engaged in an economic activity)
    (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.
  1. Frictional Unemployment-
  • When people shift from one job to another and remain unemployed during this interval period.
  1. Cyclical Unemployment (Demand Deficiency Unemployment)-
  • When people are thrown out from the job due to a decrease in demand.
  • Example- recession
  1. 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.
  1. Educated Unemployment-
  • If one educated person not able to get a suitable job suited to his qualification.
  • Example- Engineering graduate is getting clerk post instead of engineer post.
  1. Open Unemployment-
  • A condition in which people do not find any work to do.
  • It includes both skilled and non-skilled people.
  1. Under Unemployment-
  • When people obtain work but their efficiency and capability are not utilized at their optimum and they contribute in the production up-to a limited level.
  1. 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.
  1. Natural Unemployment-
  • 2 to 3 % unemployment considered natural and cannot be eliminated.
  1. Chronic Unemployment-
  • Caused due to the long-term unemployment present in the economy.
  1. Seasonal Unemployment-
  • In this type of unemployment, people are unemployed for a few months of the year.
  • Example- Farmers

You should also check:

 

 SSC CGL 2020 Exam: Attempt free Mock Test

SSC Foundation 2020-21 Course: Click to start a free Trial

Download Gradeup, the best government exam app for Preparation

BYJU'S Exam Prep today to score better

Posted by:

Sachin AwasthiSachin AwasthiMember since Nov 2019
Share this article   |

Comments

write a comment
Load Previous Comments
Sairam

SairamJan 29, 2020

Thanku sir..notes saved
Rey Selva

Rey SelvaJan 29, 2020

Thank you
Vimal Rana

Vimal RanaJan 31, 2020

Sir India me Kon si berojgari h please bataye
Rajesh Panigrahy
Thnx sir pls ssc chsl ka 60 days study plan kijiye
Sachin Awasthi
@Rajesh Panigrahy From today you will get this plan.
Aleena

AleenaJun 17, 2020

Sir... Ap hume bta sakte h ssc m total sub kitne hote h??
prabhakar jha
Sir I have completed all the MOCK TEST of CHSL on grade up. how can I prepare more mocks? please guide me Sir
Abhishek Pal
Sir army ke paper ke notes please bhej dijiye

SSC & Railway

CGLSSC GDDFCCILCHSLCPONTPCMTSStenoGroup DOthersCoursesMock Test
tags :SSC & RailwayGeneral AwarenessSSC CGL OverviewSSC CGL Exam DatesSSC CGL Apply OnlineSSC CGL Eligibility CriteriaSSC CGL Job Profile

SSC & Railway

CGLSSC GDDFCCILCHSLCPONTPCMTSStenoGroup DOthersCoursesMock Test
tags :SSC & RailwayGeneral AwarenessSSC CGL OverviewSSC CGL Exam DatesSSC CGL Apply OnlineSSC CGL Eligibility CriteriaSSC CGL Job Profile

Follow us for latest updates