Case Study Report

Data Analytics with Power BI

“An Analysis of Unemployment

In Republic of India”
“Government Arts & Science College”
NM ID NAME

1372D5437FF7819B4D748
M.Samundeswari
FF8268B3F58

Trainer Name: R.Umamaheshwari

Master Trainer: R.Umamaheshwari

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Analysis of Unemployment of India

ABSTRACT:
Unemployment is a critical economic and social issue that affects
individuals, communities, and nations at large. This analysis focuses
on the unemployment situation in India, providing an overview of its
causes, impacts, and potential solutions. The study employs a multi-
dimensional approach, of each type, highlighting factors such
considering various factors such as demographic trends, educational
levels, industrial structure, government The analysis begins by
examining the different types of unemployment prevalent in India,
including structural, cyclical, frictional, and seasonal unemployment.
It delves into the root causes as rapid population growth, skill gaps,
technological advancements, business cycles, and agricultural
dependence.

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 INDEX

Sr. No. Table of Contents Page No.

1 Chapter 1: Introduction 4

2 Chapter 2: Services and Tools Required 6

3 Chapter 3: Project Architecture 7

4 Chapter 4: Modeling and Result 9

5 Conclusion 18

6 Future Scope 19

7 References 20

8 Links 21

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 INTRODUCTION

Younger folks are an essential human resource for growth, a key driver of
social change and a driver of economic innovation and industrial innovation.
But it's a big challenge to harness these tools. The challenge of youth is
regarded as the most important economic growth challenge of the 21st century.
In addition, the drop in the rate of fertility has contributed to the bulge that is
called the demographic dividend in the working age population. It is a great
concern that how this bulge in the population of working age poses the
possibilities for a nation's growth and development and the bulge 's effects and
opportunities and how states are trying to react. Much of the crucial aspects of
the problem are linked to entrance into the labour market, where young people
find it challenging to find and retain a decent job.

One of the most challenging problems faced by developed and developing

countries alike is the increasing large number of unemployed young people.
Failure to incorporate young people into the labour market has wider
implications for countries' future growth and development. Therefore, the issue
of youth employment and unemployment is prominently on the agenda of
international development. In developing countries, the extent of the
relationship between poverty and unemployment is often the subject of
significant discussion. The root of the debate can be traced to the skepticism
identified by successive labour force surveys in developed countries about the
validity of low unemployment levels. Table 1 has been showing the some of the
causes of the unemployment [1].

Some analysts argue that the poor are too poor to remain unemployed and that,
regardless of the level of compensation, their low income levels force them to
work. In addition, many of the few that are categorized in the workforce surveys
as underemployed are believed to be the better-off. This view questions the
validity of the now contract provides of unemployment as well as labour force
that were established after the 1930s Depression in western nations and have
since been decided to adopt and promulgated in developing nations by
international organizations such as the International Labour Office.

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Feature:

 Structural Unemployment: Due to a mismatch between

the skills possessed by the workforce and the skills
demanded by industries.
 Cyclical Unemployment: Occurs due to economic downturns
or recessionary phases.
 Frictional Unemployment: Temporary unemployment during
transitions between jobs or industries.
 Seasonal Unemployment: Linked to seasonal variations in
agricultural or tourism-related activities.

Scope:

The scope of the analysis of unemployment in India encompasses

a wide range of factors, including historical trends, regional
disparities, sectoral analysis, demographic considerations, policy
evaluation, technological impact, globalization effects, informal
sector dynamics, youth unemployment, urbanization effects, social
safety nets, and future prospects. This comprehensive approach is
necessary to gain a holistic understanding of the complexities
surrounding unemployment in India and to formulate effective
strategies for addressing this issue.

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Advantages:
1. Informed Decision-Making: A comprehensive analysis provides
policymakers, economists, and stakeholders with valuable insights to
make informed decisions regarding employment-related policies,
interventions, and strategies.

2. Identifying Root Causes: By conducting a thorough analysis, the

specific causes and drivers of unemployment in India can be
identified, allowing for targeted interventions and solutions.

3. Policy Effectiveness: Understanding the nuances of unemployment

through analysis helps in designing and implementing more effective
policies, programs, and initiatives to reduce unemployment rates and
improve job creation.

4. Resource Allocation: Analysis assists in allocating resources

efficiently by prioritizing sectors, regions, and demographic groups
that are most affected by unemployment, ensuring targeted
interventions where they are needed the most.

5. Tracking Progress: Regular analysis allows for the tracking of

progress and trends in unemployment rates over time, helping to
evaluate the effectiveness of implemented policies and make
necessary adjustments.

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Disadvantages:
1. Complexity: Unemployment is a multifaceted issue influenced
by various economic, social, political, and technological
factors. Analysing all these aspects comprehensively can be
challenging and time-consuming.

2. Data Limitations: Availability and accuracy of data can be a

limitation, especially when dealing with informal sectors,
underreported employment, and dynamic labour market
changes.
3. Interpretation Challenges: Interpreting the results of
unemployment analysis requires expertise and careful
consideration of contextual factors, as misleading
interpretations can lead to ineffective policy decisions.
4. Cost and Resources: Conducting in-depth analysis requires
resources such as skilled analysts, data collection tools, and
infrastructure, which can be costly and may pose challenges
for resource-constrained organizations or governments.
5. Policy Implementation Gaps: Even with accurate analysis
and well-designed policies, implementation gaps,
bureaucratic hurdles, and external shocks can hinder the
effectiveness of unemployment reduction strategies

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 SERVICES AND TOOLS REQUIRED

2.1 Services Used

 Data Collection and Storage Services: Banks need to collect

and store customer data in real-time. This could be achieved
through services like Azure Data Factory, Azure Event Hubs, or
AWS Kinesis for real-time data collection, and Azure SQL
Database or AWS RDS for data storage.

 Data Processing Services: Services like Azure Stream

Analytics or AWS Kinesis Data Analytics can be used to
process the real-time data.

 Machine Learning Services: Azure Machine Learning or AWS

Sage Maker can be used to build predictive models based on
historical data.

2.2 Tools and Software used

Tools:

 Power BI: The main tool for this project is Power BI, which
will be used to create interactive dashboards for real-time data
visualization.

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  Power Query: This is a data connection technology that enables
you to discover, connect, combine, and refine data across a wide
variety of sources.

Software Requirements:

 Power BI Desktop: This is a Windows application that you can

use to create reports and publish them to Power BI.

 Power BI Service: This is an online SAAS (Software as a

Service) service that you use to publish reports, create new
dashboards, and share insights.

 Power BI Mobile: This is a mobile application that you can use

to access your reports and dashboards on the go.

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MODELING AND RESULT

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Conclusion:
The analysis of unemployment in India reveals a complex and
multifaceted challenge with significant economic, social, and political
implications. By examining various factors such as demographic trends,
educational levels, industrial structure, government policies, and global
economic influences, several key insights and conclusions emerge. In
conclusion, while unemployment remains a persistent challenge in India,
proactive and holistic approaches grounded in data-driven analysis,
stakeholder collaboration, and adaptive policymaking can lead to sustainable
solutions and meaningful improvements in employment outcomes for the
country's workforce.

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Future Scope:

Analysing the future scope of unemployment in India involves considering

various factors such as economic trends, technological advancements,
demographic changes, government policies, and global influences. Here are
some key points to consider when analysing the future of unemployment in
India. In conclusion, analysing the future scope of unemployment in India
requires a holistic approach considering economic, technological,
demographic, policy, global, and societal factors. Proactive measures such as
investment in education, skill development, technology adoption, and
supportive policies are essential for addressing unemployment challenges and
fostering inclusive and sustainable growth.

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