what is unemployment? Distinguish between seasonal and disguised unemployment?
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Explanation:
Un employment, according to the organisation for economic cooperation and development, known as unemployment.
Seasonal unemployment, it occurs when people are people are unable to find jobs during some months of years. it is usually seen in Agriculture.
Disguised unemployment, When there are more people than needed for some work. In short people appear to be employed but Actually they are not.
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Unemployment benefits are intended to partially replace lost wages, so the precise amount you receive will depend on what you used to earn....
Unemployment benefits are taxable. You may elect to have up to 10% for you benefit amount withheld to pay federal income taxes.
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