Distinguish between open unemployment and disguised unemployment
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Open unemployment:
1-Open employment refers to the situation in which an individual has no job and unable to earn his livelihood.
2-This unemployment is clearly visible.
3-People’s unemployment will affect the production of goods and services in an economy.
4-country’s labour force do not get opportunities for adequate employment
5-In Open Employment the landless agricultural labourers in rural areas faces this.
Disguised unemployment
1-Disguised unemployment refers to the situation in which people work at a place where there is no more people are required.
2-This unemployment is hidden.
3-People’s unemployment won’t affect the production of goods and services because here already more than requirement of people are working so if they leave that’s not a big deal
4-The work is not constantly available or too many people are employed for the same work that does not require so many hands.
5-This is generally found in unorganized sector where either work is not constantly available or too many people are employed for the same work that does not require so many hands.
yahoshuva94:
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Open unemployment is the unemployment which is visible and seen that some people are still want work. One such example is educated unemployment. Disguised unemployment is the situation when some people are underemployed. They only divide the labour effort without any effective contribution to the growth of the sector.
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