The consequences of unemployment extend far beyond the loss of a paycheck: Unemployment and mental health: a global study of ... - PMC
: Often found in developing economies, this refers to situations where more people are working than necessary, and their removal would not decrease total output. The Multi-Faceted Impact of Joblessness unemployment
: Common in sectors like agriculture or tourism, where work is only available during specific times of the year. The consequences of unemployment extend far beyond the
: Directly tied to the business cycle, this type rises during economic recessions when consumer demand drops and falls during periods of growth. unemployment