Advertisements
Advertisements
Question
Which of the following age groups is NOT considered unemployed according to the definition of unemployment?
Options
Persons aged 40-50 years willing to work at prevailing wages
Adults aged 20-55 years unable to find suitable employment
Children below 15 years and elderly persons above 59 years
Persons aged 25-30 years who are actively seeking work
Advertisements
Solution
According to the definition of unemployment, children below 15 years, elderly persons above 59 years, and persons not willing to work are NOT considered unemployed. Only persons in the 15-59 years age group who are able and willing to work at the prevailing wage but cannot find employment are counted as unemployed. This age criterion ensures that only the economically active population is measured for unemployment statistics.
