Question
Explain the concept of disguised unemployment with example.

Answer

Meaning:
  • When a worker seems to be working or occupied in apparent manner but he is removed from his work, production doesn‘t decrease.
  • Such type of unemployment is called disguised unemployment.
  • It is also called hidden unemployment.
  • The marginal productivity of workers is zero if it is used in another sector also.
  • There is no change in total productivity.
  • For this reason, Nercks said disguised unemployment is implied savings.
  • Example: Suppose in $10$ hectare land, $7$ persons are working and they produce $100$ quintal grains.
  • If $2$ persons are removed from the work and only $5$ are busy working, the production of grains remain the same. Here $2$ labourers are disguised unemployment.
  • Their contribution was nil and marginal production was zero.

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