With reference to the Unemployment in India, consider the following statements:
1. Technological Unemployment is arising from the mismatch between the jobs available in the market and the skills of the available workers in the market.
2. Seasonal Unemployment is a result of the business cycle, where unemployment rises during recessions and declines with economic growth.
3. Disguised Unemployment is primarily traced in the agricultural and the unorganised sectors of India.
How many of the above statements are correct?
1
Only one
2
Only two
3
All three
4
None