Essay on Unemployment in India

This article is related to macroeconomic which examines how the economy functions and its performance. Unemployment as a whole is related to macroeconomics. There are many reasons as to why a person could be unemployed. He or she could be retrenched, fired or still be looking for a job. However, if

A condition that has existed since the beginning of commercialization, unemployment has been in our history since its monumental recognition in 1929. The Great Depression is really when unemployment became a real issue and its highest peaks where between 1932 and early 1933 when the average rate of unemployment was 24.9%. Fast forward almost 80 years and unemployment is still a political issue whose rate has experienced a roller-coaster ride of highs and lows. Unemployment has many forms, but it is technological unemployment, that is a crisis which if declined will lead to an excellent and a benevolent rise to our nation’s economy.

Second, having so few employers and jobs available in Indian Country leads to high unemployment rates. And, third, the absences of thriving economies, characterized by a sufficient number of privately and publically owned businesses in Indian Country, adds to the impoverishment of Indians and their families.

Unemployment is a phenomenon that occurs when a person who is actively searching for employment is unable to find work. It is the failure of obtaining employment to earn wages or salaries paid in money. When there are more resources used for production and no man power, this will lead to a waste of economic resources and loss of goods and services.

Unemployment is the state of not having or finding work. Unemployment is a big issue in today’s society with the joblessness rate being 199.4 million people or 6% of the entire world. Being so hard to find a job, the unemployment rate begins to rise. It is projected that the unemployment rate will add up 1 million additional people during the year of 2017.

Unemployment is when a person does not have a job and will not be able to make a money or get a salary at the end of the day.

For what has been a very, very long time, our elected representatives have sought to achieve “full employment” as a national goal….but full employment has been suspect as a possible cause of inflation, and is therefore weakened by decisions of the Federal Reserve, in an attempt to retard inflation. In terms of causes, unemployment has changed; the character, degree of severity, possible solutions of unemployment over the last ten years or so have been reduced, and has morphed in terms of just who is experiencing the unemployment and the suggestions for answering the problem. It has been the traditional fundamental trades, like manufacturing, viewed as part of the shift in the economy towards the new information age model, as workers

Sociologists study human society. Their studies include human behavior in many social contexts such as social interaction, social institutions and organization, social change and development (Abraham). Because of the broad spectrum of social circumstances that are studied, unemployment is an issue in which sociologists thrive. Conflict in the areas of age, race, gender, and disability is common among the employed as well as the unemployed.  From a sociological perspective, unemployment can be studied through both the Functionalist Theory and Conflict Theory.  It also touches upon the results of unemployment in societies and institutions such as family, education, government, and health. Unemployment affects almost everyone to some extent

Unemployment refers to the numbers of people not working and can be measured by the claimant count and labour force survey. There are different types of unemployment and each of them requires different policies to overcome them.

“A record of 94,708,000 Americans are not in the labor force as of May 2016.” CNS news took this information from the Labor Department’s Bureau of Labor Statistics reported on June third 2016. This is an all time high for unemployment in the United States. The possible reason why so many Americans aren’t working could be due to the fact that the way money is distributed in America isn’t what they people think it is, and it isn’t even close to the ideal. Another reason why Americans aren’t working could be that a small portion of the U.S. owns a large portion of all the earnings, and the CEOs of companies are making a ridiculous amount more than their workers.

Unemployment mostly occurs when one has lost his/her job and spends quit time looking for a new job. “The U.S. unemployment rate was certainly too high in 1975, and most economists would agree that it is too high today.” ( Lucas Jr, P.257-263). Even though

Research has shown the links between unemployment and higher morbidity and mortality rates( Mathers and Schofield) where health outcomes are poorer and premature deaths are

Some unemployment in the country is due to the fact that companies do not want people who do not have the skills that they expect. So this mismatch between skills sets of the unemployed people and the employer can never be met unless people can be trained in that

The weakness of this research was that it focused on one year before and one year after the U.S. economic recession. Hence, the recession’s impact on specific states and models of employment may not apply to specific vocational rehabilitation service areas. Additionally, the research only predicted male employment; hence consideration for females was absent from the research.

Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed persons divided by the number of people in the labor force (Unemployment, INVESTOPEDIA, 2010)1.