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Q.

Which of the following might be the reason for unemployment?


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a

Limited job vacancies

b

Unequal distribution of opportunities

c

Both (1) and (2)

d

None of these 

answer is C.

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Detailed Solution

Unemployment is a result of limited job vacancies and unequal distribution of opportunities to avail financial support.
Unemployment is when a person isn't employed, which means he isn't involved in any job to earn and fulfil his financial needs. There are two types of unemployment, the first being open employment and the second being disguised unemployment. Open unemployment is unemployment where the individual has all the required skill sets and knowledge to be eligible for the desired job. Still, the individual is unemployed due to the limited seats available in that sector.
 
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