In a state of full employment, what types of unemployment may exist?

1.	In a state of full employment, what types of unemployment may exist?
Answer» According to the classical economists, the following types of unemployment may exist even at the stage of full employment: Voluntary unemployment Frictional unemployment Seasonal unemployment Structural unemployment Technical unemployment. As a matter of fact, absence of involuntary unemployment signifies full employment in the economy.

Answer»

According to the classical economists, the following types of unemployment may exist even at the stage of full employment:

As a matter of fact, absence of involuntary unemployment signifies full employment in the economy.

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