Unemployment: Definition, Types, Causes, Effects & Concepts

Unemployment is a state of joblessness. An unemployed person is one who is available for work, is looking for work, but cannot find it. Unemployment means lack of employment. It is a mismatch in the labor market, where the supply of labor (by workers) is greater than the demand for labor (by companies).
Why Study Economics?

Why Study Economics?

Why Study Economics? - The study of economics assists individuals to be independent and be practical individuals. This is possible through the application of practical approaches to emerging issues and providing solutions to deny problems.