Uploaded on May 31, 2018
Read the tips how to tackle unemployment.
Unemployment and ways to tackle it
Slide 1
Unemployment and ways to
tackle it.
What is Unemployment?
Unemployment means when an individual is
fowling for employment and does not find a job,
then unemployment arises.
Unemployment is one of the major crisis that
happens around. The term unemployment
measures the economy’s health.
Causes of Unemployment
With the many causes of unemployment the prime
causes of unemployment are listed below. People fall
under one of these categories as a reason for
unemployment. Some of the unemployment causes are
as follows :
1. Structural unemployment
At times when there is a imbalance of skills in work
industry this unemployment occurs. Some of them are
divisons as mentioned below.
Geographical stability : It occurs due to the difficulty
the individual faces in shifting to other regions for a job
Occupational stability : It occurs when a candidate is
unable to learn new skills which need to be applied in the
new industry along with a change in technology
Technological change : There are many industries
which possess the laborsaving technology and have led
to falling in labor.
2. Frictional unemployment
This type of frictional unemployment control in many
countries. This type of unemployment is the period
which is taken by the individuals while they change
their job. Examples are graduates who try to find
another job. It surely takes time in order to find
another job.
3. Voluntary unemployment
Voluntary kind of unemployment is one where people
try to be unemployed than being employed. A simple
example can be that if individuals are able to get a
good benefit, then they prefer to stay back with the
benefit rather than being employed.
4. Cyclical unemployment or Demand deficient
The demand deficient or cyclical unemployment takes
place when economy falls below its full capacity.
When there is a drop in the output then the
employment of workers will also be less which leads to
the development of fewer goods.
5. Seasonal unemployment
This is one category of unemployment which takes
place due to seasonal change in the job nature. Few
industries that are affected by seasonal unemployment
are catering industries, fruit picking, tourism, and
hospitality.
Solve unemployment problem
1. Change in industrial technique
Production technique should suit the needs and means
of the country. It is necessary that labor intensive
technology should be encouraged in place of capital
intensive technology.
2. Change in education system
Educational system should be completely changed.
Students who have liking for higher studies should be
admitted in colleges and universities. Emphasis should
be given on vocational education. Qualified engineers
should start their own small units.
3. More assistance to self employed people
Most people in India are self employed. They are
engaged in agriculture, trade, cottage and small scale
industries etc. These persons should be helped
financially, providing raw materials and technical
training.
4. Increase in Production
To increase employment, it is necessary to increase
production in agriculture and industrial sectors.
Development of small and cottage industries should be
encouraged.
5. Industries in cooperative sector
Industries in cooperative sector should be encouraged.
Kerala Govt.’ set up a textile mill covering 600
unemployed persons on cooperative basis. This is a
novel approach to fight against unemployment.
Different State Govt. should take necessary steps in this
direction.
Thanks
Comments