Question: 1.22 Read the following extract and answer the question that follows. The unemployment rate dropped to 6.6 per cent in January 2022, which is lower

1.22 Read the following extract and answer the question that follows. "The unemployment rate dropped to 6.6 per cent in January 2022, which is lower than the pre-pandemic levels of 7.2 per cent in January 2020. However, the reason behind the dip in unemployment is not the addition of jobs rather, it was caused by the decline in the number of people looking for jobs. The number of unemployed people fell by [6 600 000] in January 2022, as they stopped looking for jobs. Consequently, they were no longer counted as unemployed." Source: https://www.indiatoday.in/diu/story/unemployment-rate-down-jobs-creation-job-seekers-1915703- 2022-02-21 Accessed: 21/02/22 The unemployment figure presented here is the... (4 Marks) a) Seasonal unemployment. b) Narrow definition. c) Expanded definition. d) Real unemployment.

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