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:
Option 1: Individuals who are unemployed and actively seeking employment.
Option 2: Individuals who are employed but looking for better job opportunities.
Option 3: Individuals who are unemployed but not actively seeking employment.
Option 4: Individuals who are temporarily unemployed due to seasonal factors.
Question : The concept of "voluntary unemployment" refers to:
Option 1: Individuals who are unemployed and actively seeking employment
Option 2: Individuals who choose not to work despite being capable of doing so
Option 3: Individuals who are unemployed due to changes in the business cycle
Option 4: Individuals who are unemployed and discouraged from seeking employment
Question : The concept of "seasonal unemployment" refers to:
Option 1: Individuals who are unemployed due to changes in the business cycle.
Option 2: Individuals who are unemployed during specific seasons of the year.
Option 3: Individuals who are unemployed and actively seeking employment.
Option 4: Individuals who are employed but working fewer hours than desired.
Question : The concept of "guest workers" refers to:
Option 1: Workers who are temporarily employed in a foreign country
Option 2: Workers who are self-employed in the informal sector
Option 3: Workers who migrate from rural to urban areas for better job opportunities
Option 4: Workers who are unemployed and discouraged from seeking employment
Question : The term "underemployment" refers to a situation where individuals:
Option 1: Are unemployed and actively seeking work
Option 2: Are working less than their full capacity or in jobs below their skill level
Option 3: Are employed in the informal sector
Option 4: Are engaged in seasonal work
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