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2.1.3 Employment and unemployment

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Question 12

In an East Asian economy, economic restructuring between 2013 and 2019 saw the number of workers in involuntary part-time roles—those who wanted more hours but could not find them—rise from 145,000 to 265,000. Meanwhile, the official unemployment rate decreased to 3.2%.

With reference to the statement above, explain the term 'under-employment'.

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2.1.3 Employment and unemployment Questions

  1. A Level
  2. /Economics
  3. /2.1.3 Employment and unemployment