UNEMPLOYMENT - A MAJOR PROBLEM
Every 6th person in the world is an Indian and every 3rd poor person in the world is also an Indian. With Increase in the number of unemployed persons, Poverty expands. The problems of unemployment and poverty is Very High which demands an immediate solution. Till 5th Five Year Plan, no serious efforts were taken to solve the unemployment problem. It was assumed that the gains of economic growth would percolate downwards and the inequalities would decline and problems of poverty and unemployment would get solved automatically. Every 6th person in the world is an Indian and every 3rd poor person in the world is also an Indian. With Increase in the number of unemployed persons, Poverty expands. The problems of unemployment and poverty is Very High which demands an immediate solution. Till 5th Five Year Plan, no serious efforts were taken to solve the unemployment problem. It was assumed that the gains of economic growth would percolate downwards and the inequalities would decline and problems of poverty and unemployment would get solved automatically.
After the Fifth Five Year Plan, removal of unemployment became as one of the important Objectives of economic planning in all five year plans. In less developed countries economic growth generally benefits the elite groups and, as a result, economic Inequality grow. India is facing the same problem of Inequalities.
There are some people who are unwilling work at the prevailing wage rate,or There are some people who get a continuous flow income from their property or other sources and need not work. Voluntary Unemployment is a National wast of human energy.
Number of persons who may be said to be chronically unemployed. generally gives the lowest estimate of unemployment especially for a poor economy because only a few can afford to remain without work over a long period. Current Weekly Status (CWS) estimate reduces the reference period as instance The period for which data is collected to one week. According to this estimate a person is said to be employed for the week even if he is employed only for a day during that week. Current Daily Status (CDS), counts every half day's activity status of the respondent over the week. Causes of Unemployment Causes of Unemployment Jobless Growth. Increase in Labour Force. Inappropriate Technology. Inappropriate Educational System.
By
Abhishek singh
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