Uploaded on May 31, 2018
Read the tips how to tackle unemployment.
Unemployment and ways to tackle it
Slide 1 Unemployment and ways to tackle it. What is Unemployment? Unemployment means when an individual is fowling for employment and does not find a job, then unemployment arises. Unemployment is one of the major crisis that happens around. The term unemployment measures the economy’s health. Causes of Unemployment With the many causes of unemployment the prime causes of unemployment are listed below. People fall under one of these categories as a reason for unemployment. Some of the unemployment causes are as follows : 1. Structural unemployment At times when there is a imbalance of skills in work industry this unemployment occurs. Some of them are divisons as mentioned below. Geographical stability : It occurs due to the difficulty the individual faces in shifting to other regions for a job Occupational stability : It occurs when a candidate is unable to learn new skills which need to be applied in the new industry along with a change in technology Technological change : There are many industries which possess the laborsaving technology and have led to falling in labor. 2. Frictional unemployment This type of frictional unemployment control in many countries. This type of unemployment is the period which is taken by the individuals while they change their job. Examples are graduates who try to find another job. It surely takes time in order to find another job. 3. Voluntary unemployment Voluntary kind of unemployment is one where people try to be unemployed than being employed. A simple example can be that if individuals are able to get a good benefit, then they prefer to stay back with the benefit rather than being employed. 4. Cyclical unemployment or Demand deficient The demand deficient or cyclical unemployment takes place when economy falls below its full capacity. When there is a drop in the output then the employment of workers will also be less which leads to the development of fewer goods. 5. Seasonal unemployment This is one category of unemployment which takes place due to seasonal change in the job nature. Few industries that are affected by seasonal unemployment are catering industries, fruit picking, tourism, and hospitality. Solve unemployment problem 1. Change in industrial technique Production technique should suit the needs and means of the country. It is necessary that labor intensive technology should be encouraged in place of capital intensive technology. 2. Change in education system Educational system should be completely changed. Students who have liking for higher studies should be admitted in colleges and universities. Emphasis should be given on vocational education. Qualified engineers should start their own small units. 3. More assistance to self employed people Most people in India are self employed. They are engaged in agriculture, trade, cottage and small scale industries etc. These persons should be helped financially, providing raw materials and technical training. 4. Increase in Production To increase employment, it is necessary to increase production in agriculture and industrial sectors. Development of small and cottage industries should be encouraged. 5. Industries in cooperative sector Industries in cooperative sector should be encouraged. Kerala Govt.’ set up a textile mill covering 600 unemployed persons on cooperative basis. This is a novel approach to fight against unemployment. Different State Govt. should take necessary steps in this direction. Thanks
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