The phenomenon of underutilization of labour during a recession is called
A) labour stockpiling.
B) investing in human capital.
C) labour force stabilization.
D) labour hoarding.
E) retraining labour.

Question

Quizplus · Accepted Answer

Labour hoarding refers to the practice of retaining workers during an economic downturn even though they are not fully utilized. This is often done to avoid the costs and uncertainties of layoffs and to maintain a skilled workforce for when economic conditions improve.

The Phenomenon of Underutilization of Labour During a Recession Is