Unemployment

Unemployment is a very serious and important issue not only in India but all over the world. There are millions of people in this world who do not have employment or any kind of job. Moreover, the problem of unemployment is a very major problem in India. In India, the main reason for unemployment is the increasing population and the demand for jobs. Moreover, if we will ignore this problem then it will become the reason for the doom of the country. Read Speech On Unemployment here.

Types

At present all of us know what unemployment actually is. But unemployment does not only mean that any person is jobless. Likewise, unemployment also includes those people who are working in areas that are out of their expertise or mastery.

The numerous types of unemployment consist of disguised unemployment, seasonal unemployment, open unemployment, technological unemployment, and structural unemployment. Besides, some other unemployment is the cyclic unemployment, educated but unemployed, underemployment, frictional unemployment, chronic unemployment, and casual unemployment.

Reasons

In our country, there are a lot of reasons for a large section of the population of the nation for facing the problem of unemployment. Some reasons are population growth, slow economic growth, seasonal occupation, slow growth in the economic sector, and the decrease in the cottage industry.

Moreover, these are the main reasons for the problem of unemployment in our country. Also, the situation is now so extreme that people with high education are ready for doing the duty of a sweeper as an employee. Besides, the government is not taking their work seriously and that’s a huge problem we should worry about. Apart from all these things, a huge portion of the population takes part in the agricultural sector.

Possible root causes of unemployment

• Legacy of apartheid and poor education and training.

… • Labour demand – supply mismatch

. … • The effects of the 2008/2009 global recession

. … • … • General lack of interest for entrepreneurship

. … • Slow economic growth.

Consequences

If things will continue like the current situation then the problem of unemployment will become a major issue for the nation. Apart from this, many things happen in the economy that is responsible for the increase in poverty.

The things responsible are an increase in the crime rate, exploitation of labours, political instability, mental health condition, and loss of the skills. As a result of these things, all this will eventually affect the nation in a very bad manner.

An initiative by the Government

The government is taking this problem very seriously and is also taking actions to slowly decrease the level of unemployment. Schemes that are available for this are IRDP (Integrated Rural Development Programme), DPAP (Drought Prone Area Programme), Jawahar Rozgar Yojana, Employment Assurance Scheme, NRY (Nehru Rozgar Yojana), Training for self-Employment, PMIUPEP (Prime Minister’s Integrated Urban Poverty Eradication Program), employment exchange, Employment Guarantee Scheme, development of organized sector, small and cottage industries, employment in forging countries, and Jawahar Gram Samridhi Yojana and many more are also there.

To conclude, we can say that the problem of unemployment is a very important issue for all of us equally. We all need work because we all need money to secure our future. We have to earn for our families and we have to fulfil our needs. For all these things we need the money and the source of money is employment. Everyone has to work for money and we can’t work until and unless we won’t get any job.