Question : The concept of "discouraged workers" refers to individuals who:
Option 1: Choose not to work despite being capable of doing so
Option 2: Have given up searching for employment due to the lack of job opportunities
Option 3: Are unemployed and actively seeking employment
Option 4: Are temporarily unemployed due to seasonal factors
Correct Answer: Have given up searching for employment due to the lack of job opportunities
Solution : The correct answer is (b) Have given up searching for employment due to the lack of job opportunities.
Discouraged workers are individuals who are capable of working and would like to have a job, but have become discouraged and have stopped actively seeking employment because they believe there are no job opportunities available for them. These individuals are no longer included in the official unemployment statistics, as they are no longer considered part of the labor force. They may have faced repeated rejections or have been unsuccessful in finding suitable employment, leading them to lose hope and withdraw from the job market.
Question : The concept of "open unemployment" refers to:
Question : The concept of "voluntary unemployment" refers to:
Question : The concept of "seasonal unemployment" refers to:
Question : The concept of "guest workers" refers to:
Question : The term "underemployment" refers to a situation where individuals:
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