Unemployment

Unemployment refers to the situation where individuals who are capable and willing to work are unable to find employment. This condition can result from various factors such as economic downturns, technological advancements, or structural changes in an economy. Unemployment can have significant financial and psychological impacts on individuals, affecting their income, quality of life, and social status. It is a critical issue that governments and policymakers continuously strive to address through various measures such as job creation programs, vocational training, and unemployment benefits. Understanding the causes and consequences of unemployment is essential for creating effective strategies to improve the overall economic health and well-being of a society.