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Rakesh was manual labour in a factory that used to manufacture shoes. The area where the factory was located was bought by a foreign entity that specialized in shoe manufacturing. The machines for the manufacture and design of shoes were imported from the United States of America and manufacturing plants were set up in the area. It was observed that special knowledge of computers and Numerical competency was required to operate those machines which Rakesh lacked and thus he was fired from his job leading to unemployment. What kind of unemployment is depicted in the passage given above?
  • a)
    Structural Unemployment
  • b)
    Frictional Unemployment
  • c)
    Seasonal Unemployment
  • d)
    Disguised Unemployment
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Rakesh was manual labour in a factory that used to manufacture shoes. ...
Structural Unemployment
Structural Unemployment occurs when there is a mismatch between the skills possessed by the labor force and the requirements of the available job opportunities. In the passage given above, Rakesh lost his job in the shoe factory because he lacked the necessary computer knowledge and Numerical competency to operate the new machines that were imported for manufacturing shoes. This led to his unemployment, highlighting the presence of structural unemployment.
Key Points:
- Structural unemployment is caused by changes in the structure of the economy, such as technological advancements or shifts in consumer demand.
- Workers facing structural unemployment often need to acquire new skills or education to adapt to the changing job market.
- It is a long-term form of unemployment that requires systemic solutions such as retraining programs or education initiatives to help affected workers find new employment opportunities.
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Community Answer
Rakesh was manual labour in a factory that used to manufacture shoes. ...
  • The passage given above depicts a scenario of structural unemployment. Structural Unemployment is a type of unemployment that can last for many years and can be caused by changes in technology or shifting demographics. Structural unemployment represents a long-term shift in how an economy functions, leading workers to become marginalized.
  • The causes of structural unemployment can include shifts in the economy, improvements in technology, and workers lacking the job skills that are required for them to find employment.
  • Hence option (a) is the correct answer.
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Rakesh was manual labour in a factory that used to manufacture shoes. The area where the factory was located was bought by a foreign entity that specialized in shoe manufacturing. The machines for the manufacture and design of shoes were imported from the United States of America and manufacturing plants were set up in the area. It was observed that special knowledge of computers and Numerical competency was required to operate those machines which Rakesh lacked and thus he was fired from his job leading to unemployment. What kind of unemployment is depicted in the passage given above?a)Structural Unemploymentb)Frictional Unemploymentc)Seasonal Unemploymentd)Disguised UnemploymentCorrect answer is option 'A'. Can you explain this answer?
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Rakesh was manual labour in a factory that used to manufacture shoes. The area where the factory was located was bought by a foreign entity that specialized in shoe manufacturing. The machines for the manufacture and design of shoes were imported from the United States of America and manufacturing plants were set up in the area. It was observed that special knowledge of computers and Numerical competency was required to operate those machines which Rakesh lacked and thus he was fired from his job leading to unemployment. What kind of unemployment is depicted in the passage given above?a)Structural Unemploymentb)Frictional Unemploymentc)Seasonal Unemploymentd)Disguised UnemploymentCorrect answer is option 'A'. 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 Rakesh was manual labour in a factory that used to manufacture shoes. The area where the factory was located was bought by a foreign entity that specialized in shoe manufacturing. The machines for the manufacture and design of shoes were imported from the United States of America and manufacturing plants were set up in the area. It was observed that special knowledge of computers and Numerical competency was required to operate those machines which Rakesh lacked and thus he was fired from his job leading to unemployment. What kind of unemployment is depicted in the passage given above?a)Structural Unemploymentb)Frictional Unemploymentc)Seasonal Unemploymentd)Disguised UnemploymentCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rakesh was manual labour in a factory that used to manufacture shoes. The area where the factory was located was bought by a foreign entity that specialized in shoe manufacturing. The machines for the manufacture and design of shoes were imported from the United States of America and manufacturing plants were set up in the area. It was observed that special knowledge of computers and Numerical competency was required to operate those machines which Rakesh lacked and thus he was fired from his job leading to unemployment. What kind of unemployment is depicted in the passage given above?a)Structural Unemploymentb)Frictional Unemploymentc)Seasonal Unemploymentd)Disguised UnemploymentCorrect answer is option 'A'. Can you explain this answer?.
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