The unemployment rate was nearest to the average in <u>2006-2008</u>.
US unemployment rate rise most steeply in <u>2009-2010</u>.
The individuals would have the most difficult time finding employment in <u>2010</u>.
<u>Explanation:</u>
Unemployment is a situation in which the individual of working age is not able to get a job. <u>Structural, frictional, cyclical and seasonal </u>are the four types of unemployment.
Unemployment in production industry is due to decline in demand of the products and competition of foreign products.
Unemployment may cause major economic change in the society, as it leads to poverty. An unemployed individual may led to depression, low self-esteem, anxiety and other mental health issues. If a deserving individual couldn’t get a job, he undergoes tension, stress and strain on the body.
