Unemployment is the condition where you will find people with no job or a lack of opportunities in the market. Even you can see disguised employment nowadays where at the normal shop you can see 3 people at a time. This is nothing but a disguise of employment. Unemployment is a term referring to an individual who is employable and actively seeking a job but is unable to find a job. it is usually measured by the unemployment rate which is dividing the number of employed people by the total number of people in the workforce unemployment service is one of the indicators of a country’s economical status.
Skill persons are rendering for opportunities, the government not allotting the proper seats and no proper entrance given to the youth in job factor.
Reasons behind unemployment
At the present time, youth can be seen as depressed, students with Btech, B.com, M.tech, BA, MA, MBA etc. Can be seen as unemployed which is the sad reality. Nowadays even MBA chaiwallah is getting popular which itself reflects how much unemployment spread and who should hold responsible for this.
There are significant variants in the unemployment rate across States. Haryana and Jammu Kashmir and Rajasthan have the highest level of unemployment rate each with over 30% of the unemployment rate. Skilled people are found doing nothing which is a growing concern matter for one and all. Labour indicator recorded a sharp all-around improvement from 2020 to 21 compared with previous 3-year data released by the National statistical office. The focus on the rural employment guarantee scheme by the government seems to have contributed to the fall in joblessness.
people committed suicide due to unemployment
Over 25000 people died by suicide due to unemployment or bankruptcy between 2018 and 2020 a total of 3548 people committed suicide due to unemployment when the first covid-19 wave hit.
Opposition members in Rajya Sabha on Wednesday hit out at Government our employment rate and set the union budget 2022 23 failed to address the issue of job creation and increasing domestic demand during the general discussion on the budget opposition also criticize the government for its destructive privatization drive and it terms disinvestment policy as “sale India”.
Sen said that when Narendra Modi-led BJP government came into power in 2014 it claimed that it would create two crore jobs per year and finance minister Nirmala Sitharaman in her budget speech said the government would create 60 lakh jobs over the next 5 years but sen is arguing who will tell the truth?
Is really the youth who got the job? If yes then why there is unemployment yet?
Highest unemployment rate you can find in Haryana, Delhi, west Bengal, Tamil Nadu etc.
India’s unemployment rate is search to a one-year high of 8.3% in August as employment sequently fell by 2 million to 394.6 million according to data from the centre for monitoring Indian economy during July the unemployment rate was 6.8% and employment was 397 million. The urban unemployment rate is usually higher at about 8% than the rural unemployment rate which is usually around 7%. In others, the urban unemployment rate shot up to 9.6% and the rural unemployment rate also increase to 7.7%. rural unemployment rate.
They also come down as delayed monsoon will increase agriculture activity towards the end of monsoon season however it is not clear how the urban employment rate will play out in the coming month the unemployment was highest in Haryana at 37.3% followed by Jammu Kashmir at 32.8%, Rajasthan at 31.4%, Jharkhand at 17.3% and Tripura at 16.3% according to the data.
Causes of unemployment:-
- Demand deficit:- demand deficiency is the major reason behind unemployment but at present time there are no such conditions that prevail yes if unemployment will be longer soon then this condition can rise and due to a shortage of money in the market it can affect the whole economy and purchasing power.
- Economical inefficiency: there has been no nationwide plan to account for the significant gap between labour supply and labour demand. It is crucial that the supply and demand of labour are in balance to ensure that those who need
- jobs are able to get otherwise money individuals will compete for one job.
- Inadequate economical growth is also one of the reasons behind unemployment Indian economy is underdeveloped and the role of economical growth is inadequate. this low growth fails to provide enough unemployment opportunities to the increasing population which means that as the population increase the economy and not keep up with the demand for employment and an increasing share of people are unable to find work. The result is a decreased level of employment nationwide and this is the primary reason behind unemployment at present.
- An increase in population is also one of the reasons behind the largest unemployment at the present time because India’s population is predicted to exceed China by 2024 it probably is the most populous country for the entirety of the 21st century as a country’s economical growth cannot keep up with population growth which leads to a larger share of society being unemployed.
- Loss of small-scale / cottage industries
Industrial development has made a cottage and small-scale industry considerably less economically attractive often times the demand for cheap mass-produced goods weighs the desire for good. handcrafted by those with very specific skills and expertise. the result is that cottage and small-scale industries significantly decline and artisans have become unemployed as a result.
A country with employment reflects a good human index and economic stability. There is a need to maintain employment which can be done through population control, punctuality, creating job opportunities which are required at present, need to minimise privatisation, and also emphasized on public sector development instead of economic growth, there is a need to equally focus upon the holistic development of all. If still employment not been provided to the people then the day is not far when youth will ask questions and there will be no one to answer them because ultimately youth have to suffer from this trauma.
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