Difference between unemployment underemployment and employment for class 10
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Unemployment
unemployment means a person cannot do any work and he is not busy and he is not earning money.
Employement
employment means a person is busy and he doing his work and earning some money .
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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
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