Question

distinguished between employment, unemployment and disguised unemployment​

Answer 1

Answer:

Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

Unemployment, or joblessness, is a situation in which able-bodied people who are looking for a job cannot find a job. The causes of unemployment are heavily debated.

Disguised Unemployment is a kind of unemployment in which there are people who are visibly employed but are actually unemployed.

This situation is also known as Hidden Unemployment.In such a situation more people are engaged in a work than required.