Voluntary Unemployment and Involuntary Unemployment.

Monjur Alahi

Distinguish Between:

Voluntary Unemployment and Involuntary Unemployment.


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Salim Ahmed Kawsar

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Voluntary Unemployment Involuntary Unemployment
(i) Voluntary unemployment arises when people are fit to work but not willing to work. (i) Involuntary unemployment arises when people who are able and willing to work at the existing wage rate, do not find employment.
(ii) The idle rich belong to this category. (ii) It is generally found among educated and skilled workers.
(iii) It is not considered a serious problem. (iii) It gives rise to serious economic and social problems.
(iv) The Government cannot solve the problem of voluntarily unemployed people. (iv) The Government can solve the problem of such people.

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