Which of the following statements about open unemployment are correct?
(A) People who look for jobs through newspapers, friends and relatives, and find none, may be openly unemployed.
(B) In many cities, some people stand in select areas looking for people to employ them for that day’s work.
(C) Some people register themselves with employment exchanges for notified vacancies.
(D) Open unemployment is the form that economists find prevailing on Indian farms.
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (A), (B) and (C) only
Open unemployment is when people look for work and do not find it, through newspapers, friends, employment exchanges or by waiting to be hired for the day.
(A) People who look for jobs through newspapers, friends and relatives, and find none, may be openly unemployed. — Correct. They are openly seeking work.
(B) In many cities, some people stand in select areas looking for people to employ them for that day’s work. — Correct. This is another open job search.
(C) Some people register themselves with employment exchanges for notified vacancies. — Correct. Registering is also looking for work.
(D) Open unemployment is the form that economists find prevailing on Indian farms. — Incorrect. On Indian farms economists find disguised unemployment: more people work there than are needed.
NCERT (2026-27): “6.8 Unemployment You might have seen people looking for jobs in newspapers. Some look for a job through friends and relatives. In many cities, you might find people standing in some select areas looking for people to employ them for that day’s work. Some go to factories and offices and give their bio-data and ask whether there is any vacancy in their factory or office. Many in the rural areas do not go out and ask for a job but stay home when there is no work. Some go to employment exchanges and register themselves for vacancies notified through employment exchanges. …” “… The situation described in the first paragraph of this section is called open unemployment. Economists call unemployment prevailing in Indian farms as disguised unemployment. …” |