Employment : Growth, Informalisation And Other Issues

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Question
CBSEENEC11009309

Who is a worker?

Solution

Any person who is engaged in an production activity and thus contributes to the gross national product, in whatever capacity- high or low, is a worker.

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Question
CBSEENEC11009310

What do you mean by umeployment?

Solution

Unemployment is a situation in which the persons willing to do a work are available but do not find a job.

Question
CBSEENEC11009311

What types of unemployment is found in underdeveloped countries?

Solution

In underdeveloped countries chronic and disguised unemployment are found due to the lack of capital.

Question
CBSEENEC11009312

What is structural unemployment?

Solution

It is a problem of developed countries where there is no demand in the market, industries reduce their production and some workers are relieved from their jobs.