SSC MTS EXAM

SSC

INDIAN ECONOMY

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

If new computers are being installed in a company and some employees are fired from the job due to lack of computer knowledge then what kind of unemployment would it be called?

A	Disguised Unemployment
B	Structural unemployment
C	Hidden unemployment
D	Frictional unemployment

Explanation:

Detailed explanation-1: -Therefore, from the above explanation, Many workers have lost their jobs due to the installation of computers which they do not know how to operate. This has caused Structural Unemployment.

Detailed explanation-2: -Structural unemployment is a type of unemployment that can last for many years and can be caused by changes in technology or shifting demographics. Cyclical unemployment is caused by economic downturns or is related to changes in business conditions that affect the demand for workers.

Detailed explanation-3: -Structural unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer. Jobs are available, but there is a serious mismatch between what companies need and what workers can offer.

There is 1 question to complete.