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Unemployment Part 1 (in Telugu)
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నిరుద్యోగం Part 1

Raghunadhabhatla Vijay is teaching live on Unacademy Plus

Raghunadhabhatla Vijay
Education is never just a career for me,it is service to my nation Ruthless UPSC aspirant | General Studies Faculty | Graduate From GITAM

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Unacademy user
unemployment rate in andhra pradesh urban 44 rural 38 total 39

  1. Definition Unemployment is the number of people of working age who are: . without work and have looked for employment in the last 4 weeks and are available to start work within 2 weeks . waiting to start working in a job already obtained


  2. Cyclical Unemployment Cyclical Unemployment is when there is a greater availability of workers than there is of job vacancies. Cyclical happens when there is lower demand for products due to the lack of consumer confidence, disinterest or reduction in the consumer spending due to less disposable income. This would make the firms cutting back their workforce in production and maybe using capital good instead. Therefore, there wouldn't be enough jobs for the unemployed. Cyclical unemployment is called cyclical because it is linked to the business cycle of the economy . Price Level AS Demand has fallen for the product and the price level has decreased. This has caused the firms to cut back on their workforce so less people are hired for jobs AD lIADI 1 Y National income real GDP)


  3. Frictional Unemployment Frictional Unemployment is when a person does not have a job due the process of moving from one job to another. Furthermore, it could also be the time period which the worker is searching for job. . Many people suffer from frictional unemployment such as e University graduates who are searching for a job after graduat ing from university(depending on their grades) Actors/ theatre actors who are searching for role in a movie/theatre play eFootball players who have been released by their clubs and have been put in free agent transfer waiting for team to sign them. (Northampton town released Akinfenwa) Ovea Frictional unemployment happens when it takes the labour market time to match a worker up with a new job. timetnic UK Vacancies (housands) Total:quaty UK 300 Vacancies ratio per 100 emo jobs Total:mostl Menu 20 700 600 2 3 020 2.1 240 500 402 1.7 453 002 003 204 2008 2050 2007 20 2009 010 2011 2012 2013


  4. Involuntary unemployment means forced unemployment. To be precise, a person who is willing and able to work, and is looking for a job but does not find one, is involuntary unemployed. Involuntary unemployment is caused by the paucity of employment opportunities and hence it is an economic issue


  5. About Me My Self VIJAY RAGHUNADHABHATLA Verified And Top Educator@Unacademy APPSC/TSPSC Did More Than 350 Lessons Follow Rate Review and Recommend