Identify the incorrect statement in the context of Employment :
Answer & explanation
Correct answer: option 3
The correct answer is option (3) : Due to the seasonal change unemployment there is no employment opportunities n the village for new months is known as disguised unemployment
Seasonal unemployment, on the other hand, is related to variations in employment due to the seasons.
The term"disguised unemployment" is not used to describe situations where employment opportunities are temporarily reduced due to seasonal changes. Disguised unemployment typically refers to a situation where individuals are employed in a way that their productivity or contribution to work is less than the available employment opportunities, often indicating inefficiencies in the allocation of labor resources.
Other statements are correct:
Self-employed person: Owning and operating an enterprise for their livelihood is a definition of being self-employed.
Regular salaried employees: Getting paid a regular salary by someone else is characteristic of salaried employment.
Casual workers: Construction workers often fall under the category of casual workers, meaning they may be hired on a temporary or project basis.