what is unemployment? Distinguish between seasonal and disguised unemployment?
Answers
Explanation:
Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy.
Sesonal employment is Structural unemployment is a form of involuntary unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills demanded of workers by employers.
Disguised unemployment exists where part of the labor force is either left without work.Disguised employment is mainly found in Agriculture.
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What is the difference between disguised unemployment and seasonal unemployment?
Disguised unemployment Seasonal unemployment
In this case, the people seem to be employed but are actually unemployed Seasonal unemployment occurs when people are unable to find a job in certain months of the year