The unemployment generated in a situation where a large

Solution

Open Unemployment a situation where a large section of the labour force does not get a job that may yield them regular income. Underemployment is a situation in which a worker is employed, but his or her work hours and/or wages have been reduced other than at the worker's request Disguised unemployment exists where part of the labour force is either left without work or is working in a redundant manner where worker productivity is essentially zero Frictional Unemployment is the unemployment generated due to change in market conditions (change in demand and supply conditions).