In simple words.. :) It's my understanding, feel free to correct.
Supervised learning is, we know what we are predicting on the basis of provided data. So we have a column in the dataset which needs to be predicated.
Unsupervised learning is, we try to extract meaning out of the provided dataset. We don't have clarity on what to be predicted. So question is why we do this?.. :) Answer is - the outcome of Unsupervised learning is groups/clusters(similar data together). So if we receive any new data then we associate that with the identified cluster/group and understand it's features.
I hope it will help you.
