Challenger App

No.1 PSC Learning App

1M+ Downloads

Which of the following statements about specific employment figures for 2023, as reported by the ILO, is false?

  1. The jobs gap rate in high-income countries was 20.5% in 2023.
  2. The unemployment rate in low-income countries was 5.7% in 2023.
  3. The global unemployment rate was 5.3% in 2023.

    Aമൂന്ന്

    Bമൂന്ന് മാത്രം

    Cരണ്ടും മൂന്നും

    Dഒന്നും മൂന്നും

    Answer:

    D. ഒന്നും മൂന്നും

    Read Explanation:

    • Precise data is crucial for understanding economic realities and formulating effective policies.

    • The discrepancy in reported figures between high-income and low-income countries highlights the varying degrees of labour market resilience and development.

    • While high-income countries may face challenges related to automation and an aging workforce, low-income countries often grapple with underemployment, a large informal sector, and limited opportunities for decent work.

    • These disparities underscore the need for targeted interventions and international cooperation to foster inclusive economic growth and address the root causes of employment deficits globally.


    Related Questions:

    What is the purpose of the mobile application ‘MANNU’ developed by the Department?
    What percentage of the total cost does the Kerala government subsidize for constructing a rain shelter?

    Regarding the Kerala Model of Development, which of the following statements about women's labor force participation is accurate?

    1. Kerala exhibits gender paradoxes where women have low labor participation and high unemployment rates.
    2. Women's labor force participation rates in Kerala are higher in rural areas compared to urban areas.
    3. The gap between men's and women's labor force participation in Kerala has widened in recent years.
      Which of the following is NOT a component of GSDP as calculated by the income approach?
      Which government initiated the major special development package for Kasaragod?