2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Added jobs
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Lost jobs
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Either A or B
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None of the above
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Detailed explanation-1: -According to figures released today by the Centre for Monitoring Indian Economy (CMIE), India unemployment rate increased to 8.3% in December, the highest level in 16 months, from 8% in November.
Detailed explanation-2: -January’s U.S. jobs report was stunning all around. Nonfarm payrolls increased by 517, 000 for the month, shattering analysts’ estimate of 187, 000. Unemployment rate fell to 3.4%, the lowest since May 1969.
Detailed explanation-3: -January and February are the most popular hiring months. Avoid the summer and holiday seasons when looking for a new job since most companies slow down during those periods. The best days and times to look for a job are the beginning of the workweek and late mornings; this is when most businesses update job boards.
Detailed explanation-4: -Inadequate Economic Growth This means that as the population increases, the economy cannot keep up with demands for employment and an increasing share of people are unable to find work. The result is insufficient levels of employment nationwide.