Unemployment And Unemployment

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Unemployment is an issue that occurs when a person who is searching for job/employment is unable to find work. Unemployment is also used as a measure of the health of the economy. The economists define unemployment as a condition of jobless within an economy. Unemployment is lack of usage of resources and it bites up the production of the economy. It can be concluded that unemployment is in a inerse relationship with productivity of the economy. The history of unemployment is related to history of industrialization. It results in unwanted job losses and willing workers without job. It is worthwhile to mention here that not everyone who is not working is seen as unemployed. A person with a large fortune not looking a job is not included in the unemployed population in that he is not willing to work in the first place, though he 's officially out of work. As such unemployment refers to the inability for workers to find gainful employment.Seasonal unemployment exists when people are unemployed at particular times of the year. Just like in a Ski resort unemployment is likely to be higher in the summer when there is no snow. Often unemployment occurs around Christmas time because extra jobs are available (e.g. Royal Mail taking on extra workers for mail delivery). The government usually produces seasonally adjusted unemployment statistics to take into account these seasonal variations. In tourist areas, seasonal unemployment could be a big difficulty because work is only

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