Is disguised unemployment and hidden unemployment the same?

Disguised unemployment is not the same as hidden unemployment. Disguised unemployment often refers to overstaffing and producing redundant work.

Hidden unemployment refers to individuals who are unemployed but are not actively searching for a job or preparing to re-enter the workforce.

According to the definition of unemployment, this group of people are excluded from the unemployment statistic as they are either unwilling to seek active employment or have given up searching for a job.

On the contrary, learn more about disguised employment.