Question : Which of the following is NOT a type of unemployment?
Option 1: Frictional unemployment
Option 2: Structural unemployment
Option 3: Cyclical unemployment
Option 4: Demographic unemployment
Correct Answer: Demographic unemployment
Solution : The correct answer is (d) Demographic unemployment
Demographic unemployment is not recognized as a specific type of unemployment. Demographic factors such as age, gender, or ethnicity can influence the employment situation for specific groups, demographic unemployment is not recognized as a distinct category of unemployment.
Instead, these factors may contribute to structural or cyclical unemployment depending on how they interact with labor market dynamics.
It's important to note that the classification and understanding of unemployment may vary among sources, and additional subcategories or terms may be used to describe specific aspects or dimensions of unemployment.