Economics

Explain different types of unemployment found in India.


SOLUTION
Types of unemployment found in India are:
(i) Disguised unemployment: In disguised unemployment, people appear to be employed while actually they are not adding to the productivity. This usually happens among family members engaged in agricultural activity.
(ii) Seasonal unemployment: Seasonal unemployment happens when people are not able to find jobs during some months of the year. Agriculture in India is not a full time occupation. It is seasonal. This type of unemployment is usually found in agriculture.
(iii) Educated unemployment: It has become a common phenomenon in urban areas. Many youth with matriculation, graduation and post graduation degrees are not able to find jobs. A study showed that unemployment of graduates and post graduates has increased faster than among matriculate youths.
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