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Match List I with List II

LIST I (Employment Condition)LIST II (Reference)
A. People can work at going rate of pay, yet they are unable to find employment in economy.I. Informalisation of workforce
B. More people are engaged in work than are really neededII. Open unemployment
C. Increase in proportion of workforce in informal sector to total workforceIII. Unemployed people
D. Labour force-work forceIV. Disguised unemployment

Choose the correct answer from the options given below:

Solution

Correct Option: 2

A-II: Willing to work at going wage but cannot find jobs = open unemployment. B-IV: More workers than needed = disguised unemployment. C-I: Rising share of informal sector workers = informalisation of workforce. D-III: Labour force minus work force = unemployed people.

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