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What is the difference between open unemployment and disguised unemployment?
In open unemployment it is easy to recognize but in disguised unemployment its difficult to recognize. Open unemployment offers no wages but disguised employment offers salaries .Open unemployment is more harmful in industries and disguised unemploymentare more harmful to the nation.
What is difference between disguised unemployment and seasonal unemployment?
open unemployment is a situation where people with the capability to work/to be employed are not employed and do not contribute to the nations productivity. It is easy to recognize opem unemployment. It does not offer any wages. It is harmful for the individuals' economy. Disguised unemployment is when people appear to be employed but their contributions towards the firm's output is very low and often negative. It is difficult to recognize disguised unemployment. It offers salaries/wages. It is harmful for the country's economy. One of the leading causes of low agricultural productivity in india.
What is the difference between seasonal unemployment and structural unemployment?
Seasonal unemployment exactly what it says.In other words the umemployment is seasonal. Disguised unemployment does not mean totally unemployed.It means employment but,in this employment more people are employed in a job in which less people are required
What are the three types of unemployment found in India?
The three types of unemployment found in India are structural unemployment, cyclical unemployment, and frictional unemployment. Structural unemployment refers to a mismatch between the skills possessed by job seekers and the requirements of available jobs. Cyclical unemployment occurs due to fluctuations in the economy, leading to reduced demand for labor. Frictional unemployment is a temporary phase when individuals are in-between jobs or searching for new employment opportunities.
Difference between actual output and potential output of an economy?
Actual output is the "real" GDP ( gross domestic product). potential output is the targeted output set by the government. the difference between the actual and potential output is UNDEREMPLOYMENT!
What is the difference between unemployment and employment?
Unemployment is where a person is not employed and is not making money by working. Employment is where a person works and makes money.
What is the difference between a recession and depression?
a depression is a particularly deep recession with high levels of unemployment
What type of unemployment occurs when people are between jobs?
Frictional unemployment
What is casual unemployment?
short term periods of unemployment between jobs
Which is the most dangerous unemployment separately for rural-urban areas?
In rural areas, the most dangerous type of unemployment is often disguised unemployment, where individuals are employed in low-productivity jobs or family farms but are not fully utilized, leading to a waste of human resources. In urban areas, structural unemployment is particularly dangerous, as it occurs when there is a mismatch between the skills of the workforce and the demands of the job market, often exacerbated by technological advancements and economic shifts. Both forms can lead to long-term economic instability and social issues if not addressed effectively.
What is the CT unemployment rate from 2012?
The unemployment rate in Connecticut for 2012 fluctutated between 8.1% and 8.6%. The unemployment rate for the United States as a whole fluctuated between 7.8% and 8.3%.
Underemployment occurs when people?
Underemployment occurs when individuals are working in jobs that do not fully utilize their skills, education, or experience, often resulting in a mismatch between their qualifications and job responsibilities. This can include part-time work when full-time employment is desired, or being employed in positions that require less skill than the worker possesses. Underemployment can lead to financial instability and reduced job satisfaction, as individuals may feel unfulfilled in their careers.
