ECONOMICS
INFLATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Not having a job
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Having a job
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Either A or B
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None of the above
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Detailed explanation-1: -Unemployment is a term referring to individuals who are employable and actively seeking a job but are unable to find a job. Included in this group are those people in the workforce who are working but do not have an appropriate job.
Detailed explanation-2: -Unemployed means not having a paid job-not being employed. A person who’s described as unemployed is typically out of work and looking for a job.
Detailed explanation-3: -Answer: Unemployment is a condition in which skilled and abled individuals do not get gainful jobs at a decent wage. There is unemployment in both rural and urban areas. Seasonal unemployment occurs in the rural population and educated unemployment occurs in the urban areas.
Detailed explanation-4: -People with jobs are employed. People who are jobless, looking for a job, and available for work are unemployed. The labor force is made up of the employed and the unemployed.
Detailed explanation-5: -Unemployment is a situation when a person actively searches for a job and is unable to find work. Unemployment indicates the health of the economy. The unemployment rate is the most frequent measure of unemployment.