Asked by Samantha Rader on Apr 24, 2024

Underemployment refers to:

A) seasonal unemployment.
B) people working full time though they would rather work part time.
C) the unemployment that occurs when the actual level of employment is less than the full employment level.
D) people working in jobs that do not fully use their skills.
E) people working part time.

Underemployment

Workers are overqualified for their jobs or work fewer hours than they would prefer.

Seasonal Unemployment

Unemployment due to seasonal variations in demand or supply of labor, common in industries like agriculture and tourism.

Full Employment Level

The level of employment where all available labor resources are being used in the most economically efficient way.

  • Comprehend and recognize the various forms of unemployment and their consequences.