Professional Documents
Culture Documents
Unemployment
Unemployment
DEFINATION
Unemployment is the state in which a person is without work, available to work, and is currently seeking work.
UNEMPLOYMENT
India
as a nation is faced with massive problem of unemployment. Unemployment can be defined as a state of worklessness for a man fit and willing to work. It is a condition of involuntary and not voluntary idleness.
Some features of unemployment have been identified as follows: The incidence of unemployment is much higher in urban areas than in rural areas. Unemployment rates for women are higher than those for men. The incidence of unemployment among the educated is much higher than the
overall unemployment.
There is greater unemployment in agricultural sector than in industrial and other major sectors.
Types of Unemployment
Involuntary
Voluntary
Cyclical unemployment
Sudden unemployment
Seasonal unemployment
Voluntary unemployment
In this type of unemployment a person is out of job of his own desire, doesn't work on the prevalent or
working of society. Social values are often regarded as the sustaining forces of
society.
They contribute to the strength and stability of social order. But due to rapid social change new values come up and some of the old values decline. At the same time, people are not is a position to reject the old completely and accept the new altogether. Here, conflict between the old and the new is the inevitable result which leads to the social disorganization in imposed situation. In economic terminology this situation is voluntary unemployment
Involuntary unemployment
In this type of situation the person who is unemployed has no say in the matter. It means that a person is separated from remunerative work and devoid of wages although he is capable of earning his wages and is also anxious to earn them. Forms and types of unemployment according to Hock are. Cyclical unemployment Sudden unemployment Unemployment caused by failure of Industries Unemployment caused by deterioration in Industry and business Seasonal unemployment
1.Cyclical unemployment - This is the result of the trade cycle which is a part of the capitalist system. In such a system, there is greater unemployment and when there is depression a large number of people are rendered unemployed. Since such an economic crisis is the result of trade cycle, the unemployment is a part of it.
2. Sudden unemployment - When at the place where workers have been employed there is some change, a large number of persons are unemployed. It all happens in the industries, trades and business where people are employed for a job and suddenly when the job has ended they are asked to go.
3.Unemployment caused by failure of Industries - In many cases, a business a factory or an industry has to close down. There may be various factors responsible for it there may be dispute amongst the partners, the business may give huge loss or the business may not turn out to be useful and so on.
particular season. When the season has ended the workers are rendered unemployed.
Sugar industry is an example of this type of seasonal unemployment.
CAUSES OF UNEMPLOYMENT 1) Rapid Population Growth 2) Limited land 3) Seasonal Agriculture 4) Fragmentation of land 5) Backward Method of Agriculture 6) Decline of Cottage Industries 7) Defective education
Unemployment in different countries Almost all the countries, irrespective of developed or developing or underdeveloped, in the world are suffering from unemployment.. Different countries have different types of unemployment. The rate
a fall and became 4.7%. In the next year the rate decreased again and stood at 4.4%.
In 2007, the unemployment rate came down to 4.1%. So it is visible that the rate of unemployment is showing a decreasing trend, which is a great achievement of the Japanese government
Egypt Egypt has been suffering from high unemployment rate. In 2005, the unemployment rate went up to a record high, 14%. The Ministry of Manpower and Trade Unions has failed to balance between the workers' right and the interests of the private companies.
Italy:
The structure of unemployment in Italy is complex, based on the market
United States of America In US, the rate of unemployment has been fluctuating in the range 4% to 10% since 1960. In the mid 60s, the rate had been steady at 5% whereas, during the 1980s, the rate went up to almost 8%. In the 1990s, the unemployment rate
India
The unemployment scenario in India has always been quite acute. With a huge
Unemployment Rate
5.2 Australia 4.5 Japan
9.8
Egypt
8.2 9.4 Italy USA India 10.2
UNEMPLOYMENT IN PUNJAB UNEMPLOYMENT in Punjab, especially among the educated youth, is very high. On March 24 the problem of unemployment was debated in the Vidhan Sabha. In response to a question, Chief Minister Parkash Singh Badal stated that there are 9.58 lakh persons unemployed in the state.
Patiala
Ludhiana Mansa
49,566
46,651 42,648
Survey conducted by the Labour Bureau, Chandigarh, Ministry of Labour, revealed a high incidence of unemployment in Punjab. The survey suggested 10.5 per cent of the total workforce as unemployed in the state against the national average of 9.4 per cent. The high incidence of unemployment is accompanied by widespread drug addiction among Punjabi youth. This deadly combination is rapidly pushing
Punjabi youth to the threshold of a lost generation. At this critical juncture, the
state should assign top priority to mitigate the problem of unemployment and in the process improve the growth profile of the state and also save youth from being an easy prey to drugs.
The government has implemented a number of schemes for providing low cost capital to the small enterprises and self-employed persons. The schemes are aimed at developing their entrepreneurial ability, guiding them in preparation of project reports for financial assistance and giving technical and professional help in running their businesses. Financial institutions like banks have helped in this
THANK YOU