GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Underemployment is a type of hidden employment in contrast to someone who does not have a job.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -This kind of underemployment is hidden in contrast to someone who does not have a job and is clearly visible as unemployed. Hence, it is also called disguised unemployment.

Detailed explanation-2: -Disguised, or hidden, unemployment can refer to any segment of the population not employed at full capacity, but it is often not counted in official unemployment statistics within the national economy.

Detailed explanation-3: -Other Types of Unemployment In particular, the underemployment rate can be thought of as a complementary indicator to the unemployment rate when thinking about conditions in the labour market. Underemployment occurs when people are employed, but would like and are available to work more hours.

Detailed explanation-4: -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.

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