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  2. Factors contributing to unemployment include123:
    1. Economic fluctuations: These can lead to unemployment.
    2. Technological advancement: While driving progress and efficiency, it can also cause structural unemployment.
    3. Globalization: Changes in the global economy can impact job availability.
    4. Lack of access to education and training: Skills mismatch can result in unemployment.
    5. Discrimination and bias: These factors can affect employment opportunities.
    6. Frictional unemployment: Caused by people moving between jobs.
    7. Structural unemployment: Due to a mismatch of skills in the labor market.
    8. Classical or real-wage unemployment: When wages are too high for the available jobs.
    9. Voluntary unemployment: When individuals choose not to work.
    10. Demand deficient or “Cyclical unemployment”: Linked to economic downturns.
    Learn more:
    There are seven causes of unemployment. Four causes create frictional unemployment. This type of unemployment is when employees leave their jobs to find a better one. Two causes create structural unemployment. That is when workers' skills or income requirements no longer match the jobs available. The seventh cause leads to cyclical unemployment.
    www.thebalancemoney.com/causes-of-unemploym…

    Causes of Unemployment

    • Economic Fluctuations Economic fluctuations are a significant contributor to unemployment, which acts as a barometer for the health of a job market. ...
    www.generation.org/news/understanding-unemplo…

    Main causes of unemployment

    • 1. Frictional unemployment This is unemployment caused by the time people take to move between jobs, e.g. graduates or people changing jobs. ...
    www.economicshelp.org/macroeconomics/unempl…
     
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