Question

Based on the International Labour Organisation's estimates, which of the following statements about the 'jobs gap' are true?

1. The 'jobs gap' measures the number of persons without a job but who want to work.
2. The ILO estimates the total 'jobs gap' to be 402 million in 2024.
3. The 'jobs gap' exclusively includes individuals who are officially counted as unemployed.
4. Out of the estimated 402 million 'jobs gap' in 2024, 183 million people are counted as unemployed.

• A. രണ്ടും നാലും
• B. മൂന്നും നാലും
• C. ഇവയൊന്നുമല്ല
• D. ഒന്നും രണ്ടും നാലും

Answer 1

Answer:

D. ഒന്നും രണ്ടും നാലും

• The 'jobs gap' is a broader measure of labour market underutilization than the standard unemployment rate.

• It encompasses not only those officially unemployed but also those who are willing to work but are not actively seeking employment for various reasons (e.g., discouragement, family responsibilities, lack of suitable jobs) and are therefore not counted in conventional unemployment statistics.

• A large jobs gap indicates significant untapped human potential and a challenge in achieving full and productive employment, highlighting issues like inadequate job creation, skill mismatches, and barriers to labour market participation.