Unemployment in India

1899 Words Jul 3rd, 2010 8 Pages
UNEMPLOYMENT
Employment in simple words can be defined as an occupation by which a person can earn his living. And Unemployment is the inability of providing gainful work to people who are willing to work. And for a country like India, employment has become one of the major challenges of the current economy. Despite the economic reforms and the IT & BPO boom, the unemployment situation in India is getting worse. Therefore, emphasis is given on providing more employment opportunities which in turn reflects on economic growth of the country.
Whenever we are talking about economic development, we cannot ignore young generation. Youth have been recognized as "the most vital section of the community". Among the other problems, the youths of
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Among educated youth, the unemployment rate for females was higher than males. The unemployment rate for females in rural areas at 26.7% was higher than in urban areas (20.8%). For males, unemployment was also lower in urban areas (9.1%) than in rural areas (13.3%).
Youth unemployment rate, aged 15-24, both sexes
Year Value
1994 8.3
2000 10.1
2004 10.5
Youth unemployment rate, aged 15-24, men
Year Value
1994 8.4
2000 10.1
2004 10.4
Youth unemployment rate, aged 15-24, women
Year Value
1994 8
2000 10.2
2004 10.8

REASONS FOR UNEMPLOYMRNT
The problem of employment in India is economic, due to the huge, increasing population, with jobs not increasing in the same proportion. So a large section of the population is left unemployment. We also have huge numbers of educated people who are unemployed. They have the necessary skills to do only office works and there are not enough opportunities for them.
* The mismatching of the Indian education system with the requirements of the industries.
* Lacks of private investment promoters are also the key factor that has a major impact on growth and stabilization of economy.
* Recession has become one of the recent threats and has aggravated the problem of employment all over the world and India is not an exception for that.
* The decline at the annual growth rates of the industrial production reduced job opportunities
* Changing of labor laws: Small and medium scale enterprises are free to close down their…

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