When more workers are employed in a work than required, the situation is called ____

see full answer

High-Paying Jobs That Even AI Can’t Replace — Through JEE/NEET

🎯 Hear from the experts why preparing for JEE/NEET today sets you up for future-proof, high-income careers tomorrow.

An Intiative by Sri Chaitanya

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The situation is called underemployment when a person either doesn't work full time or is working in a job but less than potential. It is different from unemployment as, in that situation, a person is not employed. Underemployment can be of two types:
1) Visible underemployment: When a person possesses skills to work full-time but cannot find such jobs and has to work part-time jobs to meet financial needs, the situation is termed visible underemployment.
2) Invisible underemployment: When a person works in a job that doesn't utilise his skills, the situation is called invisible underemployment—for example, an engineer working as a waiter in a restaurant.

Watch 3-min video & get full concept clarity