Voluntary unemployment refers to ___________.

labour preferring leisure

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non-availability of jobs

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improper adjustment between demand and supply

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people seeking employment of their own accord

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Solution

The correct option is A labour preferring leisure
Voluntary unemployment is a class of unemployment where the workforce refuses to work in spite of suitable work pay and benefits.

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Similar questions

Q. “This is a situation when people are unemployed for a short span of time while searching for a new job or switching between jobs. It is sometimes considered as voluntary unemployment because the reason for unemployment is not a shortage of jobs, but in fact, the workers themselves quit their jobs in search of better opportunities.”

What type of unemployment does the above paragraph refer to?

Q. A situation of employment in which a person is apparently employed but contribution to the production is almost nil is called _________ unemployment.

This type of unemployment can occur even in a situation of full employment.

Why are employers reluctant to hire Indian labour force?
(A) India’s labour force is overqualified for the employment opportunities available.
(B) High attrition rate among employees stemming from their entrepreneurial spirit.
(C) Labour laws are not conducive to generating employment.

Industrial unemployment is a phenomenon of urban employment.

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Voluntary unemployment refers to ___________.

The correct option is A labour preferring leisure Voluntary unemployment is a class of unemployment where the workforce refuses to work in spite of suitable work pay and benefits.

The correct option is A labour preferring leisure
Voluntary unemployment is a class of unemployment where the workforce refuses to work in spite of suitable work pay and benefits.