ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Online networking
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Volunteering for organizations
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Increasing your human capital
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All of the above
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Detailed explanation-1: -There are three main types of unemployment – cyclical, structural and frictional unemployment. In practice, these cannot be measured directly, and they can often overlap, but they provide a useful way of thinking about unemployment.
Detailed explanation-2: -a) Disguised unemployment: In this type people are employed, but not adding to the productivity. b) Seasonal unemployment: People are not able to find jobs during some months of the year. c) Educated unemployment: Youths with matriculation, graduation, and post-graduation degrees are not able to find suitable jobs.
Detailed explanation-3: -India’s agriculture sector emerged as the leading industry in terms of employment in financial year 2021 with the number of employees tallying nearly 152 million.
Detailed explanation-4: -Cyclical Unemployment. Frictional Unemployment. Structural Unemployment. Natural Unemployment. Long-Term Unemployment. Seasonal Unemployment. Classical Unemployment. Underemployment.