Types of unemployment: List of main types of

List of main types of unemployment (supply and demand side) including frictional, structural, real-wage, demand-deficient, voluntary. Examples from UK economy. Read Unemployment in India, its types, major causes, and consequences on economy & society. Learn key concepts for UPSC, exams and academic studies. Unemployment is defined as a condition wherein people are able and willing to work at the current wage rate but cannot find work. The three major types of unemployment include disguised or hidden unemployment, seasonal unemployment, and open unemployment. Learn about nine types of unemployment, such as cyclical, frictional, structural, and natural. Find out how they affect the economy and the labor force.