With reference to unemployment, consider the following stateme | www.upscguide.in

With reference to unemployment, consider the following statements:
1.Cyclical Unemployment refers to the time lag between the jobs when an individual is searching for a new job or is switching between the jobs

2. Frictional Unemployment is the result of the business activities, where
unemployment rises during recessions and declines with economic growth
3. Structural Unemployment arises from the mismatch between the jobs available in
the market and the skills of the available workers in the market
4.Voluntary Unemployment is a situation where a person able to and willing to work