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 KCSE business studies paper 2 revision questions and answers set 1

Explain five types of unemployment experienced in Kenya

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Answer Text:
-Seasonal unemployment:Occurs when labour is needed only at certain times of the year. It is common in agricultural sector
-Friactional unemployment: Occurs when people are losing jobs and it takes time to get new ones and is caused by immobility of factors of production
-Structural unemployment:It occurs when there is a mismatch between the sufficient skilled labour looking for jobs and the vacancies available.
-Disguised unemployment:Occurs
when there are more employees than required
-Residual unemployment:Occurs when people with physical or mental disabilities are unable to engage themselves in an employment


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