Question

What is the difference between disguised and seasonal unemployment?

Answer 1

Hint: Unemployment happens when an individual who is effectively looking for work cannot look for some kind of employment. Unemployment is frequently utilized as a proportion of the soundness of the economy.

Complete answer:

Disguised Unemployment	Seasonal Unemployment
1. In this type of unemployment the individuals appear to be employed but are not employed. The marginal productivity in this type of employment is zero.	1. Seasonal unemployment happens when individuals cannot secure jobs during certain months of the year.
2. It can mostly be noticed in agriculture.	2. It mostly can be noticed in agro-based industries.
3. This type of unemployment is only found in rural areas.	3. This type of unemployment is found both in rural and urban areas.
4. For instance, in the agricultural sector when five people are working all together of which only three people are required to work on that farm. These extra two persons working in the farm cause disguised unemployment.	4. Individuals related to farming sectors are caught up during the harvesting seasons, and so on but during another season when the crops grow they do not have anything to do. So during the other season, they are unemployed and are known as seasonal unemployment.

Note: Unemployment is brought about by different reasons that come from both the demand side, or manager, and the inventory side, or the worker. From the demand side, it could be brought about by high-loan costs, global downturn, and monetary emergency.