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What is labour unemployment?

What is labour unemployment?

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Answer #1

Answer: There are several kinds of labour such as:

  • Skilled labour
  • Semi skilled labour
  • Professional labour
  • Unskilled labour.

They perform the work, task to get their daily earnings. But due to excessive recession, poor outcomes or any natural disasters causes unemployment. The labour unemployment means that there are no specific jobs or the employment available for the people to work. It means that the number of jobs are limited or they don't fit in to that criteria to get the job. Hence unemployment means that there are no demands of labour at present.

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