Economics · Macroeconomics
Underemployment is best described as a situation where:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1People work in a free labour market with a very low minimum wage
- 2People are working full-time or part-time but with low productivity or underutilized skills✓
- 3Many people in the labour force have 2 or more jobs
- 4People who are willing to work are unable to find jobs
Correct answer
People are working full-time or part-time but with low productivity or underutilized skills
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