Unemployment in India
Unemployment means under-utilization or non-utilization of available man-power. Unemployment refers to the state of being unemployed or not having a job i.e. joblessness. A person is said to be unemployed if he or she is looking for work or is willing to work at the prevailing wage but is unable to find the job. India, with a vast population of over 2 billion individuals, is facing the biggest problem of the century in the form of unemployment of worthy and productive citizens. Our country is set to be progressing by leaps and bounds in the matter of economy but this progress is low sided that the net results is the sharp increase in the number of unemployed. Population of our country India is increasing day by day. It is the second highest populous country in the world. Today, we have over 1.15 billion people in our country and so is the increasing unemployment rate. Today, we have both educated and uneducated unemployed people. We have skilled and unskilled unemployed youths both in the urban and the rural areas. Even degree holders are unemployed. In India the problem of unemployment is very acute. In the cities there are millions of educated people who either have no job or are forced to take up some work which is not commensurate with their capabilities. In the rural areas a large number of people remain unemployed for many months in a year.
Unemployment is not only a cause of poverty but also prevents opportunity to earn a livelihood. In India the linkage between poverty and unemployment is complex. Unemployment rate is much lower that what would be expected given the extent of poverty. In 1993-94, 36 percent of the population was poor but unemployment was only 5.9 percent, the large gap between the incidence of poverty and of unemployment is due to a phenomenon known as disguised employment, people in extremely low productivity and low income activities. Unemployment rate has shown a consistent trend. It has been increasing over the years, given the
Unemployment is not only a cause of poverty but also prevents opportunity to earn a livelihood. In India the linkage between poverty and unemployment is complex. Unemployment rate is much lower that what would be expected given the extent of poverty. In 1993-94, 36 percent of the population was poor but unemployment was only 5.9 percent, the large gap between the incidence of poverty and of unemployment is due to a phenomenon known as disguised employment, people in extremely low productivity and low income activities. Unemployment rate has shown a consistent trend. It has been increasing over the years, given the