Abstract
From disguised to real unemployment : the Hungarian case. The elimination of the so-called keynesian unemployment does not put an end to other kinds of unemployment, e.g. frictional, structural, seasonal, disguised unemployment. The analysis tends to point to systemic causes of unemployment. The propension of the population to accept additional work in order to satisfy their consumption needs finds expression outside the socialized sector. The second economy simultaneously creates both purchasing power and the mean to satisfy it. Labour shortage in the socialized sector grows. The impact of the artificially high level of activity continuously tends to diminish : various kinds of disguised unemployment coexist in the socialist sector. Despite the 1968 reform, enterprises are not financially compelled to spare labour. Will the measures recently proposed be sufficiently effective to modify the conditions of supply of jobs and the flexibility of employment ? Will the restructuring of the economy lead to the appearance of genuine unemployment ?
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