Question
Download Solution PDFWhich of the following profession is a type of seasonal unemployment?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Farmer.
Key Points
- Seasonal unemployment takes place when people are unemployed during a particular season or time of the year when labour demand is lesser than usual. The agriculture sector suffers from it because of the seasonal nature of crops and farming seasons.
- Disguised unemployment occurs when more people are employed than actually required. The marginal productivity of labour is zero. In agriculture more people work in the field, the same amount of work can be finished with a smaller workforce.
- Frictional unemployment occurs when a person is unemployed by his choice and he is seeking a better job opportunity, it is good for the economy as the worker is looking for a job where he can be more productive. It is not found in the agriculture sector.
Additional Information
Other unemployments are-
- Structural Unemployment
- It refers to a situation that arises due to the change in the structure of an economy. For Example- when a labour-intensive economy turns into a capital-intensive economy.
- Cyclical Unemployment-
- Occurs due to deficiency ineffective demands from consumers which leads to a fall in production and low demand for labour.
Last updated on Jul 5, 2025
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