35 Views

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


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 8th Jan, 2024

Correct Answer: Individuals who choose not to work despite being capable of doing so


Solution : The correct answer is (b) Individuals who choose not to work despite being capable of doing so.

Voluntary unemployment refers to a situation where individuals choose not to work, even though there are job opportunities available and they possess the necessary skills and qualifications for employment. It is a conscious decision by individuals to remain unemployed, often due to personal preferences, lifestyle choices, or other reasons. Voluntary unemployment is different from involuntary unemployment, which occurs when individuals are actively seeking employment but are unable to find suitable jobs.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
BML Munjal University | B.Tec...
Apply
A Hero Group Initiative | Up to 100% Scholarships | Highest CTC 32.99 LPA | Average CTC 8.45 LPA | Accepts JEE Score | Last Date: 31st Jan'26
SRM University A.P UG Admissi...
Apply
UG Admissions Open 2026 | Highest CTC 52 LPA | Average CTC 9.09 LPA | 60+ Collaborations with the world's best Universities
Amity University-Noida MBA Ad...
Apply
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
Amity University-Noida BBA Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida Law Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books