in which form of unemployment the output does not fall even when a person leaves the production procedure
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Disguise unemployment
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Disguised unemployment.
Explanation:
- Disguised unemployment is a kind of unemployment where we can see people employed in production but they actually are unemployed.
- They are visibly employed but in reality, they are unemployed.
- As unemployment is hidden in this type of employment thus it is known as the Hidden unemployment.
- It is a kind of unemployment where more people are engaged in a job than actually required.
Learn More:
What term is used to describe a situation in which more persons are employed on a job than required
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