SSC MTS EXAM

Detailed explanation-1: -What Is Disguised Unemployment? Disguised unemployment exists when part of the labor force is either left without work or is working in a redundant manner such that worker productivity is essentially zero. It is unemployment that does not affect aggregate output.

Detailed explanation-2: -High population growth leads to surplus labor, especially in the rural areas however, employment in such areas mostly remains seasonal, thus creating disguised unemployment. Poverty results in limited capital in hands of the individual causes inability to purchase land and thus people have access to limited capital.

Detailed explanation-3: -Underemployment is a measure of the total number of people in an economy who are unwillingly working in low-skill and low-paying jobs or only part-time because they cannot get full-time jobs that use their skills.