What is the defference between voluntary unemployment and involuntary unemployment ? State the significance of this distinction .

What is the defference between voluntary unemployment and involuntary

1.	What is the defference between voluntary unemployment and involuntary unemployment ? State the significance of this distinction .
Answer» Volunarty unemployment occurs when people are not not willing to do work although suitable work is avilable for them i.e., they are voluntarily unemployed involunraty unemployment occurs when occurs when those who are able and willing to work at the prevailing wage rate do not get work the distinction is important to determine the total unemployment in an ecionomy Voluntarily unemployed are not included in the labour force while estimating size of unemployment whereas involuntary are duly considered for determining the overrall status of unemployment in the conutry .