GENERAL KNOWLEDGE

DISGUISED UNEMPLOYMENT IS THE SAME THING AS

  • A. residual unemployment
  • B. seasonal unemployment
  • C. structural unemployment
  • D. under-employment ✓
  • E. voluntary unemployment

 

The answer to the question is: D. under-employment

Disguised unemployment refers to a situation where individuals appear to be employed but are actually not fully utilized in their current roles. This phenomenon is often seen in sectors where there is an excess supply of labor relative to the demand for it. Workers in disguised unemployment may be engaged in jobs that do not require their full skill set or where their productivity is not fully utilized. This type of unemployment does not contribute significantly to the overall output of the economy, as these individuals could be removed from the workforce without affecting production levels.

Under-employment encompasses various forms of employment that do not fully utilize a worker’s skills, abilities, or availability. Disguised unemployment falls under the category of under-employment because individuals in this situation are not working to their full potential or capacity.

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