![Involuntary unemployment and causes Involuntary unemployment and causes](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
Involuntary unemployment and causes
Involuntary unemployment is a situation where labor is willing and able to work at the ongoing wage rate but cannot find a job.
Causes of involuntary unemployment
- high population growth
- immobility of labour
- technological advancement
- inappropriate manpower planning mechanism
- socio-cultural variable
- rural-urban migration
- insufficient skill
- seasonal factors
- imperfection in labor market
- political instability
- mental and physical inability
- inflation
- inadequate supply of co-operant factors
- Retrenchment
CATEGORIES Economics
TAGS Dr. Bbosa Science