Unemployment can be defined as a situation when a person is able and willing to work and seeking jobs at the prevailing wage level but they are unable to get the same. In India unemployment is structural in nature due to lack of productive capacity and resources.
Open unemployment is a condition where people are able and willing to do work but there is no work for them. They are found less in villages, but very largely in cities. Most of them come from villages in search of jobs, many originate in cities themselves. Naked unemployment is another term used for open unemployment.
In voluntary employment an employ doesn’t willing to work either because the get continuous income from their property or simply because they do not want to work
It is a situation in which more people are doing work than actually required. Even if some are removed, production does not suffer. So their removal will not affect the volume of total production.
Overcrowding in agriculture due to rapid growth of population and lack of alternative job opportunities may be cited as the main reasons for disguised unemployment in India. In other words it refers to a situation of employment with surplus manpower in which some workers have zero marginal productivity.
There are several sectors which provide jobs in certain period of year and rest of time the person remains unemployed, this type of unemployment is known as seasonal unemployment. Seasonal unemployment is mostly found in Agriculture and Tourism sector.
In this type of unemployment people don’t get job according to their education. People are highly educated but they are not able to find a job matching their qualification.
This type of unemployment arises due to drastic changes in the economic structure of a country. Structural employment is a natural outcome of economic development and technological advancement and innovation that are taking place rapidly all over the world in every sphere.
In this people may be employed either on part-time basis, or undertake a job for which lesser qualification is required. For example a Post Graduate may work as a clerk for which only High School is enough.