What Is Disguised Unemployment
Alternate name: Underemployment, hidden unemployment, partial unemployment There are a couple of ways in which disguised unemployment can occur: How Does Disguised Unemployment Work? As noted above, with disguised unemployment, there can be too many workers needed to carry out current production activities. This can occur due to an increase in technology coupled with a mismatch in demand for certain types of workers and imperfect knowledge of their skill sets....