The mismatch in the regional or occupational pattern of job vacancies and the pattern of worker availability results in
[amp_mcq option1=”Structural unemployment” option2=”Disguised unemployment” option3=”Altered unemployment” option4=”Cyclical unemployment” correct=”option1″]
This question was previously asked in
UPSC CDS-1 – 2021
– It persists even when the economy is healthy because workers lack the necessary skills or are in the wrong location.
– Disguised unemployment is when more people are employed than necessary (often in agriculture).
– Cyclical unemployment is tied to the business cycle, rising during recessions and falling during expansions.