Distinguish between open unemployment and disguised unemployment.

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asked Jul 16, 2017 in Economics by sforrest072 (157,439 points) 61 410 947

1 Answer

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answered Jul 16, 2017 by Abhishek Kumar (14,593 points) 5 9 35
 
Best answer

Open unemployment is when a person has no job in hand and does not earn anything at all. Disguised unemployment, on the other hand, is mostly found in the unorganised sector where either work is not consistently available or too many people are employed for some work that does not require so many hands. This is the essential difference between open unemployment and disguised unemployment.

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