English
Read the passage and answer the Q. (1-5)
Unemployment is an important index of economic slack and lost output, but it is much more than that. It is a phenomenon which can be termed as a social evil. For the unemployed person it is often a damaging affront to human dignity and sometimes a catastrophic blow to family life. Form the social point of views, an unemployed person suffers from a sense of discontentment, and problem may eventually lead to social disorder and anarchy. The cost of unemployment is not also distributed in proportion to the ability to bear it. It falls most heavily on the young, the semi skilled and unskilled, the down trodden, the old worker and unemployed persons inflow income rural area who are denied the option of securing more rewarding urban employment.
There is more subtle cost off unemployment also. The social and economic strains cost of prolonged under utilization create strong pressure for cost increasing solution. On the side of labour, prolonged high unemployment solutions; On the side of labour for shorter hours; intensifies resistance to technological change change and to rationalization of rules and in general, increase incentives for restrictive and inefficient measure to protect existing job.
Promotion
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