1.

Objectives of the project

2. Action plan
3. Report
4. Student reflection
5. Bibliography
1.To find out the meaning and major
causes of unemployment.
2..To learn about the effects of
unemployment

3.To learn how unemployment affects us

and also answer the question – does
joblessness mean shope lessness?

4.To improve listening skills and

understand what unemployment
truly means?
 Myaction plan wasasfollows:
a) I started searching for a podcast on
this topic.

b) After much research I cameupon

the podcast “Unemployment”: Does
joblessness haveto mean
hopelessness by “THINKLIKEA ECONOMISTS”

c) After listening to the podcasts many

times, I formedthe major part of the
report.

d) ThenI madethe rest of the required

pages of my project andsubmitted it to
mysubject teacher.
According to the podcast, unemployment
means the people without jobs who are
available to take a job and are very actively
looking for me, and I totally agree with this
definition. Voluntary and involuntary
unemployment simply means, voluntary
unemployment is attributed to the individual’s
decision . On the other hand, involuntary
unemployment exists because of the socio-
economic environment in which individuals
operate. Unemployment can be caused by
many things such as an economic crisis,
industrial decline, organizational restructuring,
company bankruptcy, etc. In this podcast,
they also talk about how there was no way to
measure the number of unemployed people
who were lost and therefore there was no
way to help these people to find jobs. No
measurement is ever perfect.
The unemployment rate in India came
from7.87 in February 2020 to 69%, in
February 2021. Now it has rapidly
increased to7.66%. in October 2021, and
has almost reached the same level as
before COVID. The Pandemic has caused a
lot of unemployment. Another reason why
people are unemployed is that they don’t
think there is a job there for them so they
stop searching for it. They are called the
discouraged ones. With reference to this
podcast, they explained unemployment in
a rather simple way – It’s like a game of
musical chairs, there are more people
searching for jobs than there are new
jobs. If you stay in the game long enough,
you'll ultimately get a seat, Many types of
unemployment have been discussed in
the podcast for example: frictional
unemployment (it is caused by temporary
transitions in worker’s lives)​Send feedback
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Structural unemployment (is caused by a
mismatch in the skills of workers and the
types of jobs available), and Cyclical
unemployment (is caused by declining
demand, when there is not enough demand
in an economy for goods and services,
businesses cannot offer jobs).Seasonal
unemployment (it is caused by different
industries as parts of the labor market are
available during different seasons.) We find
work as a big part of who we are, and we all
would feel devastated if we couldn't get the
job we desired. Unemployment is really
Stressful and can make people feel isolated
and question their self-worth. Long-term
unemployment can make a worker
progressively less employable even after the
economy Strengthens. “even if the
economy bounces back, not everyone ​Send
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Does " In the podcast, they ask how can we
prepare ourselves so we can bounce back
and notsuffersomuch?

The answer is to be relentless in searching for a

job and try to avoid falling into the trap of being
unemployed for a long time. You can always
keep looking for a job even when you find a
new one. So, take whatever job opportunities
you get, and then look for another at a stronger
position. Do whatever you can but never loose
hope.
"Does joblessness have to mean hopeless”?
Answer : Definitely not, Never lose hope in Life.
Joblessness or unemployment does not have
to mean an end to everything.
Life is full of wonder Have Patience.
My review for this project is asfollows:
•I learned the deepermeaningof
unemployment andhow there is always
hopein this life andasfar as employment
goes,weshouldnever loosehope.
•Thisproject gavemea better
understanding of unemployment, its
causes, types, disadvantages, impact on
varioussectors, etc.

• Makingthis project mademerealize, that

in all parts of the world, there are people
whohavea hardtime finding work and
Someof them may lose hope of everfinding
a job and seekillegal waysto makemoney
But thosewho don’t loose hope,survive and
with patiencefinds a job
•www.youtube.com
•www.wikipedia.com