Correct Answer: Economic growth without a corresponding increase in employment

Solution : The correct answer is (a) Economic growth without a corresponding increase in employment

The concept of "jobless growth" refers to a situation where there is economic growth in terms of Gross Domestic Product (GDP) or other economic indicators, but this growth does not result in a proportional increase in employment opportunities. In other words, jobless growth is characterized by economic expansion without a corresponding rise in employment levels.

Jobless growth can have significant implications for the labor market, including high levels of unemployment, underemployment, and income inequality. It highlights the need for policies and strategies that promote inclusive growth, job creation, and skills development to ensure that economic growth is accompanied by sufficient employment opportunities for the workforce.