Unemployment in India
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Transcript of Unemployment in India
Presented By : Madhvi Sinha Nishant Kumar
Sajid Khan Sumit Kumar
Vishal Chonde
UNEMPLOYMENTIN INDIA
What is Unemployment ?
Unemployment means lack of jobs even for those who are able and willing to work at the prevailing wage.
Types of Unemployment
• Frictional Unemployment
• Structural Unemployment
• Cyclical Unemployment
• Search Unemployment
Nature of Unemployment In India
Urban
IndustrialUnemployment
Educated Unemployment
Rural
Seasonal Unemployment
Disguised Unemployment
Reasons• Rapid Population Growth
• Changing Technology
• Demand For Highly Skilled Labour
• Global Competition
• Illiteracy
Effects
Social Level
Civil Unrest Law & Order Problems
Individual Level
Mental Stress
Loss of Self Esteem
Direct Linked To Poverty
Unemployment
Measurement of Unemployment Rate
No. of UnemployedUnemployment Rate = Labour Force
100
• In India NSSO uses three concepts of unemployment
Usual status of unemployment ( 1 Year ) Current weekly status of unemployment ( 1 Day ) Current Daily status of unemployment ( 1 Hour )
Comparison of Unemployment Rate
France India US UK Russia Germany Brazil China Japan0
1
2
3
4
5
6
7
8
9
10
Unemployment
Phillips Curve
Inflation (%)
6% ---------------
2% --------------------------
3% 5%Unemployment (%)
B
A
Unemployment rate In Different Field
Apprentices With College Degree Without College Degree
0
5
10
15
20
25
30
2011201220132014
Possible Solutions For Unemployment
• Improve Awareness of Available Jobs
• Encourage People To Take Different Jobs in Their Off Seasons
• Greater Flow of Information
• Generate Employment
Govt. Policies To Reduce Unemployment
• NREGA
• Sampoorna Grameen Rozgar Yojna
• Swarna Jaynti Gram Swarozgar Yojna
• Prime Minister’s Employment Generation Programme
Thank You