Question

02. How will you explain the term unemployment and disguised unemployment?
in short answer​

Answer 1

Explanation:

Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy.

Answer 2

Answer:

Unemployment exists when people who are willing to work at the going wages cannot find jobs.

In a disguised unemployment, all the people appear to be employed, but the work requires less number of persons and so the employment is disguised.