Disguised unemployment, Managerial Economics

Disguised unemployment

Situation where some people are employed apparently, but if they are withdrawn form this job, total production remains the same. In most developing countries this type of unemployment is estimated at 20 to 30% and measures should be taken to employ such people in other sectors of the economy.

Posted Date: 11/30/2012 2:41:17 AM | Location : United States

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