The correct answer is: C. A person does not get job according to his qualification.
Unemployment is a situation in which people are without jobs and actively seeking work. The unemployment rate is the percentage of the labor force that is unemployed.
There are two main types of unemployment: cyclical unemployment and structural unemployment. Cyclical unemployment is caused by fluctuations in the economy. When the economy is in a recession, there are fewer jobs available and more people are unemployed. Structural unemployment is caused by changes in the economy, such as technological change or the decline of an industry. When an industry declines, there are fewer jobs available for people with the skills and experience in that industry.
Unemployment can have a number of negative consequences for individuals and society. Unemployed people may experience financial hardship, stress, and anxiety. They may also have difficulty finding housing and health care. Unemployment can also lead to crime and social unrest.
There are a number of policies that governments can use to reduce unemployment. These include fiscal policy, monetary policy, and labor market policies. Fiscal policy involves the use of government spending and taxation to stimulate the economy. Monetary policy involves the use of interest rates to control the money supply. Labor market policies involve programs to help people find jobs, such as job training and placement services.
Unemployment is a complex issue with no easy solutions. However, by understanding the causes of unemployment and the policies that can be used to reduce it, governments can help to create an economy that provides everyone with the opportunity to work.
A worker does not get full time job (option A) is not necessarily unemployment. A worker may choose to work part-time, or they may be unable to find a full-time job due to factors such as childcare or disability.
A worker is not happy with his present job (option B) is also not necessarily unemployment. A worker may be unhappy with their job for a variety of reasons, such as low pay, poor working conditions, or lack of opportunities for advancement. However, they are still employed and are not counted as unemployed.
Therefore, the correct answer is: C. A person does not get job according to his qualification.