What is under employment ? Why should we be worried about underemployment?
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It is a situation in which a person is doing a job but the nature of the job is not equal to his qualification and knowledge, he also get very low wages.This is known as under employment
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Answer:
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Underemployment is a great wastage of time for capable people. It leads to frustrations, as one does not earn and get to do as one would like to, or is qualified to.
The problems arising from underemployment are:
- Lower per capita income
- Lower per capita income Low standards of living
- Lower per capita income Low standards of living Job frustration and stress, and its anti-social consequences
- Lower per capita income Low standards of living Job frustration and stress, and its anti-social consequences Less productivity in a nation, and hence, a low level of GDP...
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