What Is Disguised — Unemployment In Economics

In countries with rapid population growth, the labor force expands faster than the number of available jobs in industry or services.

In technical terms, economists describe this as a situation where the . This means that adding one more worker adds zero value to the final product. The Classic Example: The Family Farm what is disguised unemployment in economics

The most common setting for disguised unemployment is in the agricultural sectors of developing nations. In countries with rapid population growth, the labor