What is the difference between Disguised Unemployment and Seasonal Unemployment
Disguised Unemployment is a type of Unemployment condition wherein individuals work for the entire day but do not make any contribution to the total output. The marginal productivity in this type of employment is zero. Seasonal Unemployment is a type of unemployment that arises due to the seasonal changes in demand or production conditions. Seasonal unemployment happens when individuals cannot secure jobs during certain months of the year.
Some of the Differences between Disguised Unemployment and Seasonal Unemployment are as follows:
S.No. |
Disguised Unemployment |
Seasonal Unemployment |
1. | Disguised Unemployment is a type of Unemployment condition wherein individuals work for the entire day but do not make any contribution to the total output. The marginal productivity in this type of employment is zero. | Seasonal Unemployment is a type of unemployment that arises due to the seasonal changes in demand or production conditions. Seasonal unemployment happens when individuals cannot secure jobs during certain months of the year. |
2. |
This type of Unemployment is found mainly in Agriculture based Industry.This type of unemployment is only found in rural areas. |
This type of Unemployment is found mainly in Agro-Based Industry.This type of unemployment is found in both of the rural and urban areas. |
3. | The main cause of Disguised Unemployment is the surplus of labor. | The main cause of Seasonal Unemployment is seasonal changes. |
4. | Aggregate Output is not affected by Disguised Unemployment. | Aggregate Output is affected by Seasonal Unemployment. |
5. | National unemployment statistics is not adjusted for Disguised Unemployment which indicates that the data of this type of unemployment is not included on it. | National unemployment statistics is adjusted for Seasonal Unemployment which indicates that the data of this type of unemployment is included on it. |
You may Also like:
- Seasonal Unemployment – Concept, Benefits, Limitations and Examples | Macroeconomics
- Cyclical Unemployment – Concept, Methods, Causes and Examples | Macroeconomics
Latest posts by Smirti (see all)
- Marginal Costing Quiz – Multiple Choice Questions (MCQs) | Cost Accounting - November 29, 2024
- As part of the consent process, the federal regulations require researchers to: - September 8, 2024
- Concept and Nature of Intellectual Property Rights – Explained in Detail | Business Law - January 30, 2024