Involuntary Unemployment

Involuntary unemployment refers to individuals who are willing and able to work but cannot find a job despite their efforts. This type of unemployment occurs when there are not enough available jobs in the economy, often due to economic downturns, reduced demand for goods and services, or technological changes that eliminate certain jobs. Unlike voluntary unemployment, where individuals choose not to work for personal reasons, involuntary unemployment is characterized by a lack of opportunities, leaving people frustrated and struggling to support themselves and their families.