pls define in short......
1. Seasonal unemployment
2. Disguised unemployment
......pls fast
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seasonal unemployment is a type of unemployment in which the person is employed only for a particular period of time and for the rest of the time he/she is unemployed
in disguised unemployment the marginal production is 0
in disguised unemployment the marginal production is 0
Vivek5001:
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seasonal unemployment definition
the seasonal unemployment means the demand for a specific kind of work and workers change with the change in the season.... the seasonal unemployment is prevalent in those industries which are engaged in seasonal production activities.
Disguised unemployment definition
disguised unemployment exists where part of the labour force is either left without work or is working in a redundant manner where worker productivity is essentially zero. it is unemployment that does not affect aggregate output.
the seasonal unemployment means the demand for a specific kind of work and workers change with the change in the season.... the seasonal unemployment is prevalent in those industries which are engaged in seasonal production activities.
Disguised unemployment definition
disguised unemployment exists where part of the labour force is either left without work or is working in a redundant manner where worker productivity is essentially zero. it is unemployment that does not affect aggregate output.
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