Unemployment Explained: Types, Causes, and Effects for class 12

Unemployment is a major economic issue affecting individuals, communities, and societies worldwide. In this video, we'll explore the concept of unemployment, its types, causes, and effects. You'll learn about the different types of unemployment, including:
Frictional Unemployment: What is it and how does it occur?
Structural Unemployment: How does it relate to changes in the economy?
Cyclical Unemployment: What role does it play in economic fluctuations?
We'll also discuss the causes and effects of unemployment, including its impact on individuals, families, and communities.
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