what is unemployment? explain the types of unemployment found in india?
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(i) Disguised Unemployment. A situation in which more persons are employed on a job than are optimally required. If a part of the labour force is withdrawn and the total production remains unchanged, this withdrawn labour will be known as disguised unemployed labour. (ii) Seasonal Unemployment
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Unemployment occurs when a person who is actively searching for employment is unable to find work unemployment is often used as a measure of a health of the economy.
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