It means less production less no employment required. It means a gap between supply and demand processes. Due this global recession all companies are very worried about the future thought out the world. They think they are also concerned whether they will be able to recruit and keep the best people to run their business...
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The unemployment consist of three types of people first who are fit for the job but are not getting a job, second are the people who have left one job and are seeking another job and there is a time lag in between this also adds in the unemployment rate and finally, the third type of people who not fit for the job they are seeking...
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Unemployment Structural unemployment arises from an imbalance between the kinds of workers wanted by employers and the kinds of workers looking for jobs. The imbalances may be caused by inadequacy in skills, location, or personal characteristics...	3 / 623
unemployment Frictional unemployment arises because workers seeking jobs do not find them immediately. While looking for work they are counted as unemployed.3 This could happen if suppose a person loses a job, perhaps because the work is finished...	3 / 655
Unemployment On the other hand, cyclical unemployment, structural unemployment, classical unemployment, and Marxian unemployment are largely involuntary in nature. However, the existence of structural unemployment may reflect choices made by the unemployed in the past, while classical unemployment may result from the legislative and economic choices made by labor unions and/or political parties...	3 / 581
The Summary Of The Costs Of Unemployment When the companies experience recessions, they will reduce their investment and produce fewer products. As we all know, the investment is very important to ?°future economic growth and progress?±...	2 / 389