Question

Consider the following statements and select the correct answer using the code given below:

Assertion (A): Educated unemployment increases with high rate of economic growth.
Reason (R): It happens only when there is lack of professional education.

Code:

  1. Both A and R are correct and R is the correct explanation of A
  2. Both A and R are correct but R is not the correct explanation of A
  3. A is true but R is false
  4. A is false but R is true

Answer:

Option A: Both A and R are correct and R is the correct explanation of A

Detailed Solution:

The correct answer is “Both A and R are correct and R is the correct explanation of A”.

Educated unemployment can increase with a high rate of economic growth. As the economy grows, more individuals may seek higher education, leading to an increase in the number of educated individuals in the workforce

Educated unemployment often occurs when there is a lack of professional education or when the skills possessed by the educated workforce do not match the requirements of the available job opportunities.