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“This is a form of unemployment in which the persons willing to work for full time are hired only for part-time work”. Which of the following best describes the statement?
- a)Disguised Unemployment
- b)Open Unemployment
- c)Under Employment
- d)Natural Unemployment
Correct answer is option 'C'. Can you explain this answer?
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“This is a form of unemployment in which the persons willing to ...
Under Employment occurs under two conditions: When the persons willing to work for full time are hired only for part-time work. Also referred to as the ‘Visible Under Employment’. When a person is compelled to do a job below his qualification. For example, an engineering graduate working in a call centre. Also referred to as the ‘Invisible Under Employment’.
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“This is a form of unemployment in which the persons willing to ...
Under Employment
Under employment is a situation where individuals who are willing to work full-time are only able to find part-time employment. This results in these individuals not being able to fully utilize their skills and capabilities, leading to lower productivity in the economy.
Characteristics of Under Employment:
- Individuals are willing to work full-time but can only find part-time work.
- These individuals are often not able to earn enough income to support themselves or their families.
- Under employment can lead to lower job satisfaction and a feeling of underutilization of skills.
Causes of Under Employment:
- Economic slowdown: During periods of economic downturn, many companies may only be able to offer part-time positions.
- Lack of suitable jobs: Sometimes individuals may not be able to find full-time jobs in their area of expertise, leading to under employment.
- Seasonal work: Certain industries may only have part-time positions available during certain times of the year.
Impact of Under Employment:
- Lower economic growth: Under employment can lead to lower productivity and economic growth in the long run.
- Poverty and inequality: Individuals who are underemployed may struggle to make ends meet and may be more susceptible to falling into poverty.
- Social unrest: Persistent under employment can lead to social unrest and dissatisfaction among the population.
In conclusion, under employment is a situation where individuals who are willing to work full-time are only able to find part-time work, leading to lower productivity and economic growth. Addressing under employment requires targeted policies to create more full-time job opportunities for those who are currently underemployed.
Under employment is a situation where individuals who are willing to work full-time are only able to find part-time employment. This results in these individuals not being able to fully utilize their skills and capabilities, leading to lower productivity in the economy.
Characteristics of Under Employment:
- Individuals are willing to work full-time but can only find part-time work.
- These individuals are often not able to earn enough income to support themselves or their families.
- Under employment can lead to lower job satisfaction and a feeling of underutilization of skills.
Causes of Under Employment:
- Economic slowdown: During periods of economic downturn, many companies may only be able to offer part-time positions.
- Lack of suitable jobs: Sometimes individuals may not be able to find full-time jobs in their area of expertise, leading to under employment.
- Seasonal work: Certain industries may only have part-time positions available during certain times of the year.
Impact of Under Employment:
- Lower economic growth: Under employment can lead to lower productivity and economic growth in the long run.
- Poverty and inequality: Individuals who are underemployed may struggle to make ends meet and may be more susceptible to falling into poverty.
- Social unrest: Persistent under employment can lead to social unrest and dissatisfaction among the population.
In conclusion, under employment is a situation where individuals who are willing to work full-time are only able to find part-time work, leading to lower productivity and economic growth. Addressing under employment requires targeted policies to create more full-time job opportunities for those who are currently underemployed.
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“This is a form of unemployment in which the persons willing to work for full time are hired only for part-time work”. Which of the following best describes the statement?a)Disguised Unemploymentb)Open Unemploymentc)Under Employmentd)Natural UnemploymentCorrect answer is option 'C'. Can you explain this answer?
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“This is a form of unemployment in which the persons willing to work for full time are hired only for part-time work”. Which of the following best describes the statement?a)Disguised Unemploymentb)Open Unemploymentc)Under Employmentd)Natural UnemploymentCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about “This is a form of unemployment in which the persons willing to work for full time are hired only for part-time work”. Which of the following best describes the statement?a)Disguised Unemploymentb)Open Unemploymentc)Under Employmentd)Natural UnemploymentCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for “This is a form of unemployment in which the persons willing to work for full time are hired only for part-time work”. Which of the following best describes the statement?a)Disguised Unemploymentb)Open Unemploymentc)Under Employmentd)Natural UnemploymentCorrect answer is option 'C'. Can you explain this answer?.
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