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28 wrz 2023 · Present Status of Unemployment in India according to “State of Working India 2023” report. Rate of Unemployment- The overall unemployment rate has reduced to 6.6 per cent in 2021-22 from 8.7 per cent in 2017-18. Unemployment based on education and age group – Over 42 per cent of India’s graduates under 25 were
25 wrz 2024 · Source-This post on Labour Survey Report is based on the article “Unemployment rate has not fallen: labour survey” published in The Hindu on 25th September 2024. Why in News? The Periodic Labour Force Survey (PLFS) was recently released by the Labour Bureau for the period of July 2023 to June 2024.
The unemployment rate is the most often used indicator of unemployment. It is computed by dividing the total labour force by the number of individuals without jobs. There are different types of unemployment, including institutional, structural, cyclical, and frictional. It estimates India’s unemployment rate in India is around 7.7% at present.
Disguised unemployment aka hidden unemployment refers to a situation where labour that is employed but he/she is not utilised for the production of goods and services. It does not contribute to the output of an economy as their marginal product is zero (contribution to production is nil).
Jobless growth is when the economy experiences growth but unemployment remains stubbornly high. In other words, the economy is expanding but this is not translating into an increase in employment. This usually happens when a large number of people lose their jobs during an economic downturn and are unable to find a new jobs when the economy ...
22 lip 2024 · Source-This post on Female Employment to Counter Unemployment has been created based on the article “Focus on female employment to counter unemployment” published in “The Hindu” on 22 July 2024. UPSC Syllabus-GS Paper-3- Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Q.3) Most of the unemployment in India is structural in nature. Examine the methodology adopted to compute unemployment in the country and suggest improvements. [250 Words] [15 Marks] [2023] Q.4) Distinguish between ‘care economy’ and ‘monetized economy’. How can care economy be brought into monetized economy through women empowerment?
6 maj 2024 · Youth Unemployment: Educated youth face high unemployment rates, with 28% of graduates unemployed in 2022, showcasing a significant mismatch between education levels and job opportunities. NEET Challenges: Around 28% of youth were not in employment, education, and training (NEET) in 2022, with females disproportionately affected, highlighting a critical area for policy intervention.
13 wrz 2024 · Experts believe the lack of demand in the market is stunting growth. As unemployment rises, people have less income, leading to reduced demand for goods and services. This creates a cycle where growth slows further. 2. UBI could provide a solution by putting money in people’s hands, which would increase demand and support economic growth.
The PM Internship Scheme, operationalized through an online portal, is designed to address youth unemployment in India by offering year-long on-the-job training. This initiative seeks to bridge the gap between academic education and the professional skills demanded by industries.
