Question

Amarnath is ready to work at the prevailing wage rate of ₹ 250 per day in the market but he is unable to find the work, then type of unemployment he would be facing is ______.

विकल्प

• Voluntary unemployment

• Involuntary unemployment

• Disguised unemployment

• None of these

Answer 1

Amarnath is ready to work at the prevailing wage rate of ₹ 250 per day in the market but he is unable to find the work, then type of unemployment he would be facing is involuntary unemployment.

Explanation:

Amarnath is willing and able to work at the prevailing wage rate of ₹ 250 per day but cannot find employment. Involuntary unemployment occurs when people want to work at existing wages but jobs are not available. This contrasts with voluntary unemployment, where individuals choose not to work at the prevailing wage.