Economics

Why should we be worried about underemployment?

Econ Sectors Ind

12 Likes

Answer

We should be worried about underemployment because it indicates economic inefficiency and reduced productivity. In India, many workers are stuck in low-productivity agricultural jobs, contributing little to the GDP. This hidden unemployment means their potential is not fully utilized. Underemployment leads to lower incomes, poor living standards, and perpetuates poverty. It highlights the need for better job creation in the secondary and tertiary sectors to provide more productive and meaningful employment opportunities.

Answered By

9 Likes


Related Questions