Correct option is C
A, B, C, and D only
Why all four options are included in the Precariat class?
Since all four groups fit into the precariat class, the correct answer is Option 3: A, B, C, and D only.
Information Booster:
Additional Information:
Thus, the correct answer is Option 3: A, B, C, and D only.
- The term ‘Precariat’ was coined by Guy Standing, a British economist, to describe a new class of workers who experience job insecurity, lack of benefits, and unstable incomes.
- The precariat class is characterized by temporary employment, contract work, underemployment, and lack of social security.
- A. Older People: Many older individuals face employment difficulties due to age discrimination, lack of digital skills, or outdated qualifications. They often have precarious retirement plans or work in low-wage jobs to sustain themselves.
- B. Unskilled Workers: Those without specialized skills struggle to secure stable jobs and are forced into low-wage, temporary, or gig economy roles.
- C. Less Qualified Young People: The youth population with fewer qualifications often find themselves in part-time, contract, or gig work, leading to financial instability.
- D. Those Who Regularly Move Into and Out of Work: This category includes seasonal workers, temporary employees, freelancers, and gig workers who do not have stable employment.
- The Precariat class is different from the Proletariat (working class) because:
- Precariat workers have unstable, low-income jobs with no security.
- Proletariat workers have stable jobs, often with benefits and long-term contracts.
- Causes of the rise of the Precariat class:
- Globalization and outsourcing have led to job insecurity.
- Automation and digitalization have reduced demand for low-skilled jobs.
- Gig economy and contract work provide flexibility but lack benefits.
- Economic policies favor corporations, reducing job security for workers.
- Examples of Precariat jobs:
- Gig economy jobs (Uber drivers, food delivery workers, freelance content creators).
- Seasonal workers (agriculture, tourism, hospitality industry).
- Temporary workers in retail, warehouses, or call centers.
- Older people (Option A - True): Often struggle with job security and retirement planning.
- Unskilled workers (Option B - True): Lack specialized education or training, making them vulnerable to temporary, unstable jobs.
- Less qualified youth (Option C - True): Many young people face difficulty entering the labor market, leading to low-wage, insecure jobs.
- Temporary workers (Option D - True): Frequently shift between employment and unemployment, lacking consistent income and social security.