how will you explain the term unemployment?What is difference between disguised unemployment and seasonal unemployment
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Unemployment is the situation of actively looking for employment but not being currently employed. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force.
difference between disguised unemployment and seasonal unemployment?
Disguised Unemployment (i) In case of disguised unemployment, people appear to be employed but are actually not employed. ... (iii) During this period, they remain unemployed and are said to be seasonally unemployed.
difference between disguised unemployment and seasonal unemployment?
Disguised Unemployment (i) In case of disguised unemployment, people appear to be employed but are actually not employed. ... (iii) During this period, they remain unemployed and are said to be seasonally unemployed.
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UNEMPLOYMENT
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Unemployment exists when people who are willing to work at the going wages cannot find jobs. The workforce include all people from the age of 15 years to 59 years.
Children and elderly people (60 years and over) are not included, so they will not be considered as unemployed.
SEASONAL UNEMPLOYMENT
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Seasonal unemployment happens when people are not able to find jobs during some months of year. These people depend upon agriculture. There are certain busy seasons when sowing, harvesting, weeding and threshing are done, while other months do not provide much work.
DISGUISED UNEMPLOYMENT
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In a disguised unemployment, all the people appear to be employed, but the work requires less number of persons and so the employment is disguised. this is typical for the small farmer, where the entire family is working on his plot, although all may not be required to do so.
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Unemployment exists when people who are willing to work at the going wages cannot find jobs. The workforce include all people from the age of 15 years to 59 years.
Children and elderly people (60 years and over) are not included, so they will not be considered as unemployed.
SEASONAL UNEMPLOYMENT
---------------------------------------------
Seasonal unemployment happens when people are not able to find jobs during some months of year. These people depend upon agriculture. There are certain busy seasons when sowing, harvesting, weeding and threshing are done, while other months do not provide much work.
DISGUISED UNEMPLOYMENT
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In a disguised unemployment, all the people appear to be employed, but the work requires less number of persons and so the employment is disguised. this is typical for the small farmer, where the entire family is working on his plot, although all may not be required to do so.
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