What is the difference between disguised …
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Posted by Charu Sharma 8 years, 6 months ago
- 2 answers
Amar Kumar 8 years, 6 months ago
Disguised Unemployment vs Seasonal Unemployment |
|
| Disguised unemployment occurs when surplus labor is employed out of which some employees have zero or almost zero marginal productivity. | Seasonal unemployment occurs when individuals are unemployed at certain times of the year because they are employed in industries that do not produce goods or services all year round. |
| Molecular Type | |
| Disguised unemployment does not affect aggregate output. | Aggregate output is affected by seasonal unemployment. |
| Main Cause | |
| The main cause of disguised unemployment is the surplus of labor. | Seasonal changes are the main cause of seasonal unemployment. |
| Inclusion in National Unemployment Statistics | |
| Disguised unemployment is not included in national unemployment statistics. | National unemployment statistics is usually adjusted for seasonal unemployment. |
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Tanya Zanzad 8 years, 6 months ago
1Thank You