Question : Which one of the following is also regarded as disguised unemployment?
Option 1: Under employment
Option 2: Frictional unemployment
Option 3: Seasonal unemployment
Option 4: Cyclical unemployment
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Correct Answer: Under employment
Solution : The correct option is Under unemployment .
In this type of underemployment, a person contributes less to the Indian economy than they can do. For example, an engineer works as a clerk in a small location.
- Frictional unemployment is temporary. In this kind of situation, workers change their jobs for their benefit.
- Seasonal unemployment occurs when the workload is less, and people turn jobless for a particular time.
- Cyclic unemployment remains for a longer period, and workers remain unemployed.
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