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
Correct Answer: Workers who are temporarily employed in a foreign country
Solution : The correct answer is (a) Workers who are temporarily employed in a foreign country.
Guest workers are individuals who are employed in a foreign country on a temporary basis. They are often brought in by the host country to meet labor market demands in specific sectors or industries. Guest workers typically have legal permission to work in the country for a limited period and may be subject to certain restrictions and regulations. They are often recruited from their home countries to fill labor shortages or perform specific jobs that the host country's domestic workforce may not be available or willing to do. Guest workers may work in a variety of sectors such as agriculture, construction, manufacturing, hospitality, or healthcare.
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 "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
Question : The concept of "informalization of labor" refers to:
Option 1: The shift from formal employment to self-employment
Option 2: The increase in labor market regulations and protections
Option 3: The integration of the informal sector into the formal economy
Option 4: The migration of workers from rural to urban areas
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.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile