GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Choose the correct options:Underemployment and disguised unemployment are the same when
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when people are unemployed
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when people are employed but with less pay and perks
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when people are made to work less than their potential
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It is a hidden condition compared to the more visible ‘not employed’ or not holding a job at all.
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Explanation:
Detailed explanation-1: -Disguised unemployment is often referred to as underemployment, hidden unemployment, or partial unemployment. Disguised unemployed refers to workers who are left without work, are working in a redundant manner, or are not being utilized to their full potential.
Detailed explanation-2: -Also known as hidden unemployment, this refers to a situation where labour that is employed in a job is not actually utilised for the production of goods and services. In other words, such employment does not contribute to the output of an economy and is thus akin to a form of unemployment.
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