Describe the different types of unemployment prevalent in India.
different types of unemployment prevalent in India are :
1. Frictional unemployment: When some workers are temporarily out of work while changing jobs, it is called “frictional unemployment.
2. Seasonal unemployment: employment for only a certain period of time in a year. For instance, work in sugar mills lasts for about six months. Rice mills work for only a few weeks.
3. Structural unemployment: Structural unemployment is caused by a decline in demand for products in a particular industry and consequent disinvestment and reduction in its manpower requirements.
4. Disguised unemployment is a feature of underdeveloped countries people are prepared to work but they are unable to find work throughout the year due to the lack of complementary factors
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