Question on: JAMB Economics - 2023
Part-time workers who desire full-time employment are:
Underemployed and contribute to the unemployment statistic
Underemployed but do not contribute to the unemployment statistic
Not part of the labour force and do not contribute to the unemployment statistic
Cyclical unemployment
Part-time workers who desire full-time employment are considered underemployed, and they do contribute to the unemployment statistics.
In economic terms, underemployment refers to a situation where individuals are working part-time but would prefer to work full-time or are working in jobs that are below their skill level.
These individuals are part of the broader measure of unemployment and underemployment, contributing to the assessment of labour market conditions.
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