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What is the difference between open and disguised unemployment?
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What is the difference between open and disguised unemployment?
Open unemployment: 1-Open employment refers to the situation in which an individual has no job and unable to earn his livelihood. ... 1-Disguised unemployment refers to the situation in which people work at a place where there is no more people are required.
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What is the difference between open and disguised unemployment?
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...
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What is the difference between open and disguised unemployment?
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