differentiate b/w structucal and seasonal employment?
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◆ structural employment ◆
Disguised employment occurs when surplus labor is employed out of which some employees have zero or almost zero marginal productivity.
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◆ seasonal employment ◆
Seasonal unemployment occurs when individuals are unemployed at certain times of the year because they are employed in industries that do not produce goods or services all year round.
Disguised employment occurs when surplus labor is employed out of which some employees have zero or almost zero marginal productivity.
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◆ seasonal employment ◆
Seasonal unemployment occurs when individuals are unemployed at certain times of the year because they are employed in industries that do not produce goods or services all year round.
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