EMPLOYMENT
15
Transcript of EMPLOYMENT
Employment refers to a situation when a person is
able and willing to take up a job and get employed.
The main concepts of employment are;1. Full employment.
2. Under employment.
3. Unemployment.
4. Involuntary unemployment.
5. Voluntary unemployment.
6. Cyclical unemployment.
7. Technological unemployment.
8. Frictional unemployment.
9. Structural unemployment.
10. Disguised unemployment
It refers to a situation where all those workers
who are able and willing to work get an employment. In
full employment there is optimum utilization of
resources.
It refers to a situation when people are engaged in
jobs but don't get these jobs according to their abilities,
efficiencies and qualities.
It refers to the situation when a person is
willing to work does not get opportunities to work.
It refers to a situation when a person is willing to
work under any condition and at any wage rate. But they
failed to get employment.
INVOLUNTARY UNEMPLOYMENT
VOLUNTARY UNEMPLOYMENTWhen the economy offers Employment opportunities to the workers but
they themselves are not willing to take up jobs because the employment
condition such as wage rate, location, promossional avenues, physical
environment, etc. do not suit them.
It is caused by slackness in business conditions. During
depression investment activities get discouraged contraction in
business activities renters large number of workers unemployed.
TECHNOLOGICAL UNEMPLOYMENT
It is generally found in the advanced
countries. The main cause of this
unemployment is the introduction of new
technologies.
It is a temporary unemployment which exist
during the period of transfer of labor from one
occupation to another.
It is the result of the backwardness and under development of an economy.
STRUCTURAL UNEMPLOYMENT
Where more workers are engaged in a
work than actually required to work is called
disguised unemployment.
DISGUISED UNEMPLOYMENT
Thank you
RAHANA.NKKSTC
