Answer
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Hint: Unemployment refers to those who are employable and actively looking for work but are unable to find one. Those in the workforce who are working but are not in the right job are included in this category. Unemployment is one of the indicators of a country's economic state and is usually assessed by the unemployment rate, which is calculated by dividing the number of jobless individuals by the total number of people in the workforce.
Complete answer:
When a person is educated yet unable to find appropriate and efficient work, this is referred to as educated unemployment. It might be happening for a variety of reasons, the most common of which is a lack of work prospects. This can also happen when there are a lot of grads.
- In metropolitan regions, unemployment has become a regular occurrence among educated individuals.
- Many young people with postgraduate degrees, diplomas, and matriculation certificates are unable to find work.
- According to research, unemployment among postgraduates and graduates has grown at a higher rate than unemployment among matriculates.
- Personnel availability is in a paradoxical condition, with manpower shortages in certain categories coexisting with manpower surpluses in others.
- On the one hand, there is a scarcity of labour necessary for economic expansion, while on the other hand, there are technically competent individuals.
- One of the possible reasons for such a predicament is an education system that is out of step with the demands of the labour market.
- Another issue might arise as a result of the enormous increase in population, with employment generated failing to keep up with the increase in population.
- One more reason of it because the education system in India labels and appoints anyone above the age of 18 years eligible to work. This leaves the youth unskilled and finally unemployed. It is vital to note that an individual does not only have a degree but must also be skilled enough to get a job.
Note: India is a predominantly agricultural country. Villages account for 72.2 percent of the population, according to the 2001 census. Agriculture employs 62 percent of the overall population. Due to limited irrigation infrastructure and unpredictable rains, people may only work in agriculture for 7 to 9 months. They will be obliged to work for approximately 3 to 5 months throughout the remaining period due to a lack of other vocations and employment. Seasonal unemployment is the term for this type of unemployment.
Complete answer:
When a person is educated yet unable to find appropriate and efficient work, this is referred to as educated unemployment. It might be happening for a variety of reasons, the most common of which is a lack of work prospects. This can also happen when there are a lot of grads.
- In metropolitan regions, unemployment has become a regular occurrence among educated individuals.
- Many young people with postgraduate degrees, diplomas, and matriculation certificates are unable to find work.
- According to research, unemployment among postgraduates and graduates has grown at a higher rate than unemployment among matriculates.
- Personnel availability is in a paradoxical condition, with manpower shortages in certain categories coexisting with manpower surpluses in others.
- On the one hand, there is a scarcity of labour necessary for economic expansion, while on the other hand, there are technically competent individuals.
- One of the possible reasons for such a predicament is an education system that is out of step with the demands of the labour market.
- Another issue might arise as a result of the enormous increase in population, with employment generated failing to keep up with the increase in population.
- One more reason of it because the education system in India labels and appoints anyone above the age of 18 years eligible to work. This leaves the youth unskilled and finally unemployed. It is vital to note that an individual does not only have a degree but must also be skilled enough to get a job.
Note: India is a predominantly agricultural country. Villages account for 72.2 percent of the population, according to the 2001 census. Agriculture employs 62 percent of the overall population. Due to limited irrigation infrastructure and unpredictable rains, people may only work in agriculture for 7 to 9 months. They will be obliged to work for approximately 3 to 5 months throughout the remaining period due to a lack of other vocations and employment. Seasonal unemployment is the term for this type of unemployment.
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