Explaining unemployment

Unemployment is a situation where people in the labour force who are willing and able to work are unable to find a jobs. As a result of unemployment, our country is not fully utilizing its resources and may lead to significant consequences especially in Singapore where natural resources is limited and human resources are vital.  The video above could help us to understand the various types of unemployment, where then later I would explain how the use of supply-side policies can help to solve these economic problems.