Question

difference between unemployment and underemployment

Answer 1

Unemployment occurs when workers are sitting at home, actively looking for work. Underemployment, meanwhile, occurs when workers with skills are forced to accept a job that they are overqualified for, i.e. a doctor driving a cab.

Answer 2

Explanation:

unemployment:- When the person is willing to work at the prevailing wage rate , but he/she is not getting a job it is called unemployment

Disguised/underemployment :- When more people are working than its requirement then it is called disguised/underemployment