Explain the term disguised unemployment. Mention any four solutions to this issue.
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Explain the term disguised unemployment. Mention any four solutions to this issue.
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Answer:
Disguised unemployment occurs when part of the labour force is either left without jobs or operates redundantly, such as the productivity of the workforce is effectively zero. An economy shows hidden unemployment when productivity is poor, and too many workers also occupy few jobs.
A government can solve the issue of hidden/disguised unemployment by:
(i) Creating more opportunities.
(ii) Offering proper employment packages.
(iii) Developing agricultural sector.
(iv) removal of the extra workers that will not impact the output of production.