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One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.
Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.
Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.
As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.
Q. The word 'extant', as used in the passage, means:
  • a)
    no longer in existence.
  • b)
    the degree or measure of something.
  • c)
    still in existence.
  • d)
    severe.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
One of the most critical yet troublesome social policy questions is h...
Extant means still in existence or current. Thus, option (c) is the correct answer.
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One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. Which of the following is the most appropriate response to the issue raised by the author in the passage?

One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. Which of the following reflects the main idea of the passage?

One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. According to the passage, the effect of social welfare schemes for the low-income people is not often felt by

One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The author mentions "labor market problems" to mean

COVID-19 infections are once again on the rise with daily infections crossing 60,000 per day last week. This is considerably higher compared to the reported infections during the same period last year when the numbers were less than 500 per day. What is obvious is that the pandemic is far from over despite the availability of vaccines. However, unlike last year, the response this time has been muted with no nationwide lockdown. One of the reasons for the differing responses is the lesson from the unintended consequences on the economy of the strict lockdown last year. While aggregate estimates on the growth rate of GDP showed a sharp contraction in economic activity (the economy shrunk by 24 percent in the April-June quarter of 2020) the impact on lives and livelihoods is still unfolding even though the sharp contractionary phase seems behind us. The extent of the loss of lives and livelihoods is becoming clear only now, with detailed data from the Periodic Labour Force Surveys (PLFS) - the latest round of which is for the April-June quarter of 2020. This is the first of ficial report on the estimates for the quarter, which witnessed the worst impact with the lockdown in force until the middle of May. Visuals of thousands of migrants walking back to their villages are still fresh in the mind. While many have returned to urban areas in the absence of jobs in rural areas, many did not. The PLFS, which captures the employment-unemployment situation in urban areas, provides some clues to what happened. The estimates from PLFS are broadly in line with estimates available from other privately conducted surveys, notably the unemployment surveys of the Centre for Monitoring Indian Economy (CMIE). According to the PLFS April-June 2020 round, the urban unemployment rate for the population above the age of 15 was 20.8 percent, which is close to the monthly average for the same quarter from CMIE at 19.9 percent. The CMIE data, however, does suggest a sharp decline in June compared to April and May. Similar to the CMIE data, the PLFS data also shows a sharp rise in the unemployment rate which more than doubled compared to the unemployment rate in the preceding quarter of January-March 2020 at 9.1 percent and 8.8 percent in the same quarter (April-Jun e) of 2019. While one in five persons above the age of 15 was unemployed during April-June 2020, the unemployment rate among the 15 -29-year-olds was 34.7 percent - every third person in the 15-29 age group was unemployed during the same period. These are staggering numbers, but not surprising. While the lockdown certainly contributed to the worsening of the employment situation, particularly in urban areas, the fact that the economy was already going through severe distress as far as jobs are concerned is no longer surprising. Between 2016-17 and 2019-20, growth decelerated to 4 percent, less than half the 8.3 percent rate in 2016-17. The fact that the economy has not been creating jobs predates the economic shocks of demonetisation and the hasty roll-out of GST. The PLFS data from earlier rounds have already shown the extent of the rise in unemployment compared to the employmentunemployment surveys of 2011-12. The unemployment rates in urban areas for all categories increased by almost three times between 2011-12 and 2017-18. On an internationally comparable basis, the unemployment rate among the 15-24-year-olds in 2017-18 was 28.5 percent, which makes the youth unemployment rate in India amongst the highest in the world, excluding small countries and conflict-ridden countries. Since then, it has only worsened or remained at that level.Q.Which of the following statements cannot be inferred from the given passage?

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One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer?
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One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer?.
Solutions for One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice One of the most critical yet troublesome social policy questions is how many actually suffer because of labor market problems. Our social statistics, in many ways, exaggerate the degree of difficulty. Today unemployment does not have similar effects as compared to it in the 1930's. Then, most of the unemployed were primary earning member of their respective families, when income was usually at the level of subsistence, and when there were no social programs for those not succeeding in the labor market. Increasing affluence, arising out of increase in the families with more than single wage earner, the rising predominance of secondary earners among the unemployed, and new social welfare protection schemes have no doubt mitigated the effect of being without a job.Earnings and income data also exaggerate the extent of suffering. Among many with hourly wage at or below the minimum wage level, the overwhelming majority is from relatively well to do families having multiple-earners. Most of those taken into account by the poverty statistics either have family responsibilities or are elderly or handicapped which keep them out of the labor force, so the poverty statistics are by no means correct indicators of labor market indices.Yet, our social statistics underrate the degree of hardships in the labor-market in many ways. The unemployment counts do not include the millions of fulltime employed workers with wages so low that their families remain in poverty. Low wages and frequent or long time unemployment often cause lack of ability to support oneself. Because the number of people facing unemployment at some time during the year is many times the number unemployed across the year, those who bear the brunt of forced joblessness can equal or surpass average annual unemployment, even though only a small number of the unemployed in any month actually suffer. For every person included in the monthly data, there is one working part-time because of his incapability to find full-time work, or else outside the labor force but looking for an employment. Finally, social welfare schemes in our country have always focused on the elderly, disabled, and dependent, so that the unusual expansion of cash and in-kind transfers does not necessarily mean that those not succeeding are effectively protected.As a result of such contradicting evidence, number of those suffering seriously as a result of labor market problems is uncertain, and, hence, it is debatable if high levels of unemployment can be tolerated or must be countered by job creation and economic stimulus. There is only one unanimous agreement in this deliberation that the extant poverty, employment, and earnings statistics are not adequate for measuring the consequences of labor market problems, their primary applications.Q. The word 'extant', as used in the passage, means:a)no longer in existence.b)the degree or measure of something.c)still in existence.d)severe.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.
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