What is unemployment?Define and explain seasonal unemployment and disguised unemployment with examples. Mention the merits and demerits of unemployment.(at least two points each...)

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Please find below the solution to the asked query.

What is unemployment?
Unemployment is a situation where someone of working age is not able to find a job. It is measured on unemployment rate and calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labour force.  

 explain seasonal unemployment and disguised unemployment with examples. 

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