Challenges TO individuals, it is not only the responsibility of the government to take initiation in reducing the unemployment problem, even individuals has to take step to overcome this problem. As regards educated persons, possessing technical qualifications, they tend to be frustrated when they do not find employment despite their best qualifications. Youth employment has become a long-term problem in the UK, with over a quarter of million young people have been looking for work for a year or more (Mirza-Davies 2014). It is worthwhile to mention here that not everyone who is out of work is seen as unemployed. This is said to be a result of technological advancement and economic development. Necessary steps are to be taken by the government in increasing the productivity for the overall development of the country and reducing the unemployment problem in the economy (Fritz, 2006). Get help with your essay today from our professional essay writers! Conclusion Unemployment is the root cause of various problems in the society.
Problems of Unemployment : Essays : School Essays
When people multiply, there raises the problems of unemployment and it becomes difficult for government to provide employment to a sufficient number of people. The policy-makers and the citizens should make collective efforts in creating more jobs as well as acquiring the right skill-set for employability. As such unemployment is not a good thing essays unemployment problem for anyone in our society, and even the people who remain employed will suffer as a result (m). . Some of these include the Integrated Rural Development Programme (irdp Jawahar Rozgar Yojana, Drought Prone Area Programme (dpap Training for Self-Employment, Nehru Rozgar Yojna (NRY Employment Assurance Scheme, Prime Ministers Integrated Urban Poverty Eradication Program (pmiupep) Development of Organized Sector, Employment. Because of the financial crisis in one country can affect the other countries economy due to globalization. In case of labor class there are lakhs of people who earn their livelihood daily and gather themselves on some specific place just to find daily employment somewhere. When people dont have disposable income they can go to any extent like theft, robbery and also murders in order to survive their livelihood. When there is high unemployment, people pay less in income taxes and also pay less in sales taxes because they purchase fewer goods and services. . There are various factors that lead to the problem of unemployment in the country. Our leaders are trying their utmost best to solve it wisely. Employment discrimination based on the caste, religion, race etc., in the companies, an employee looses the ease to work in the organization. They look for better substitutes. It can be concluded that unemployment is inversely related to productivity of the economy.
Unemployment - problems and solutions Essay Example for Free
Overseas Companies, the government essays unemployment problem must encourage foreign companies to open their units in the country to generate more employment opportunities. In this study we will discuss about the causes for unemployment, challenges to government and individuals to alleviate this problem. Government can take initiation in reducing the interest rates and it enhances the demand for credit and improves savings by the individuals. As the growth of populations is going unchecked, jobs and services in a given field commonly remains insufficient. Since independence the populations of India has increased by threes times its total. It does not include people who are voluntarily unemployed as well as those who are unable to seek job due to certain physical or mental health problem.
Retrieved 08:53, May 24, 2019, from. Unemployment has a number of negative repercussions on the individuals as well as the country as a whole. With out taking hasty decisions like suicide, frustration they can plan and do proper adjustments like debt adjustments, expend their liquid assets when it is required, cut down their expenditures and also encourage other family members to find. Impact OF unemployment, effect on Economy. These include laziness among the youth which makes them not to desire to search for employment hence, they remain unemployed for long durations because of such social elements. m, ml (accessed May 24, 2019). People cannot meet their financial obligations on time and it brings frustration among family members, brings tension at home and may leads to suicides. Several people are making their living with this initiative. There are three types of unemployment, viz., labor class who are not educated, educated persons without possessing any technical qualifications and technical persons such as engineers and technical. Challenges TO government, several policies have been made to reduce the unemployment problem in the economy. Employees are also forced essays unemployment problem to work for more than the set number of hours each day. Unemployment is lack of utilization of resources and it eats up the production of the economy. This is the case with general labor of the cities.
There are several determinants or the factors for the economic development of a country like industrialization, agriculture, population, employment etc., one of the major indicator for the economic growth is employment rate, as it has an adverse impact on the whole economy. Joblessness remains the fundamental cause of the social evils commonly associated with high unemployment levels. In developed countries like United Sates and Europe the unemployment rate considered to be low because many people are self employed essays unemployment problem people and working in agriculture. Unemployment Essay 5 (600 words) Unemployment is a grave issue. Lot of adjustments are to be done by the individuals to come out of this situation. Open Unemployment This is when a vast number of labourers are unable to seek a job that provides them regular income. In the UK the unemployment rate stands.9 now and from the figures.1 are between ages 16-24. Job cuts due to change in the technology brings unemployment problem in the society. Unemployment affects the economy adversely as the productivity falls below the normal level.
Essay on Unemployment for Children and Students
Slow Growth of Industrial Sector, the growth of industrial sector in essays unemployment problem the country is slow. Slow Economic Growth, slow economic growth of the country results in lesser employment opportunities for people, thereby leading to unemployment. Lack of education, lack of employment opportunities and performance issues are some of the factors that lead to unemployment. Frictional Unemployment This occurs when the demand of labour force and its supply are not synced appropriately. Employment Guarantee Scheme Unemployed people are provided economic assistance under this scheme. It increases income generation to the economy (Fritz, 2006). The problem occurs as the labour force increases at a much greater rate compared to the economys growth rate. With this production suffers and companies unable to pay on time and this increases the rate of unemployment.
And increase of youth unemployment slow down the speed of UK economic recovery, although the financial crisis of 2008 affected national economic around the world, which has already 5 years ago. Unable to find a job matching their skill people usually settle for a low-paying job. Shared below are some of the major consequences of unemployment: Increase in Poverty It goes without saying that increase in unemployment rate results in increase in the rate of poverty in the country. Apart from this, many other similar programs have been launched to reduce unemployment. This brings the gap in income generation (m; m). Under the second scheme, wage-employment is arranged for labourers in cities having a population of less than 10 lakh. Changes in the global Markets are another important factor. Reduction essays unemployment problem in taxation can bring higher purchasing power to the consumers. M, (December 31, 1969). Underemployment In this kind of unemployment people either take up a job on part time basis or take up work for which they are over-qualified. As they do not possess any technical and practical training, they only try to find clerical job which are not sufficiently according to the increasing number of educated persons. The fact is that minimum wage level jobs are adequate but not considered as gainful employment of the majority of the workforce (Anderson, 2006). The educated youth should change their mind also and they should think of self-employment, rather than searching jobs and services hither and there wasting their energy.
It also gives indication of under employment in private and essays unemployment problem public sectors. While the government has taken initiatives to reduce this problem, the measures taken are not effective enough. Cyclic Unemployment A reduction in the overall level of business activities leads to cyclic unemployment. Social problems causes social ills and shows effect on individuals financially and psychologically. The study of unemployment will provide a comparative data between public and private sector. Job dissatisfaction by many employees is another cause, this happens when less attention given by the employers on the performance of employee. Surprisingly, despite the negative repercussions it has on the society, unemployment is one of the most overlooked issues in India. Structural Unemployment This kind of unemployment occurs because of a major change in the countrys economic structure.
The Causes And Impacts Of Unemployment Economics Essay
One of the main problems faced by the developing countries is unemployment. The youths have remained unemployed because of various social challenges that face the youths. It does not only impact the individuals but also the society as a whole. Conclusion, the problem of unemployment in the country has persisted since long. An individual has to increase their capabilities and participate in proper counseling and training sessions to improve their performance levels and enhance their skills. It gives some relaxation to consumers in spending their disposable income. If it is not solved sooner, a social revolution may take plea to have its solution.
Essay Examples of Unemployment Cause and Effect - Essay Bot
Individuals cannot meet their financial obligations on time and getting high stress which leads to problems like ill-health, premature death, suicides etc. Moreover, the effects of unemployment are social, too, not just economic. It also reduces the output of goods and services which could have produced by unemployed labor force. It leads to unwanted job losses and willing workers without job. Fall in Cottage Industry, the production in cottage industry has fallen drastically and this has left several artisans unemployed. The government needs to devise more effective strategies for employment generation. The measure of unemployment is calculated based on the number of people who had no work for a substantial amount of time during the 365 days preceding the date of collation of data and are still seeking employment.
There can be in no two opinions that they find their employment very easily on the merits of their technical qualifications, but according to the increasing number of such educated persons also become victims of unemployment. Sometimes they find employment and sometimes they return to their houses without finding employment. Technological Unemployment The use of technological equipments has also led to unemployment by reducing the requirement of manual labour. There are a number of factors that lead to unemployment. It creates negative affects to unemployed as they are jobless and suffer from worse prospects to find new job and those who are employed feel less secure to keep their jobs in future. Financial obstacles: Unemployment brings financial obstacles in the family. They have to think about self employment apart their job with the help of their family members.
Essay on The Problem of Youth Unemployment - 1834 Words
Government Initiatives to Reduce Unemployment The government of essays unemployment problem India has taken several initiatives to reduce the problem of unemployment as well as to help the unemployed lot in the country. The government has taken certain steps to control the problem; however, these have not been effective enough. High unemployment rate in a country leads to social and economic problems in the community as a whole. Unemployment: Statistics in India The Ministry of Labour and Employment of India keeps the records of unemployment in the country. There are a number of factors that lead. Integrated Rural Development Programme (irdp) In the year 1978-79, the Indian government launched the Integrated Rural Development Programme to ensure full employment opportunities in rural areas. Exploitation of Labour Employees usually take advantage of scarcity of jobs in the market by offering low wages. Employment in Foreign Countries The government helps people get employment in overseas companies. Here are some essays of varied length on the issue of unemployment in our country. Here is a detailed look at the different types of unemployment: Disguised Unemployment. It also lowers a persons self confidence to a large extent. Increase in Crime Rate Unable to find a suitable job, the unemployed lot usually takes the path of crime as this seems to be an easy way of making money.
However, the phenomenon is short-run. The economic welfare of any country depends on the rate of the economic growth. Besides offering employment opportunities by way of these programs, the government is also sensitizing the importance of education and providing skill training to the unemployed people. It includes two plans: Urban Self-Employment Programme Urban Wage Employment Programme Employment Assurance Scheme The program was launched in as many in 1994 in as 1752 backward blocks in the country. Conclusion Though the government has launched several programmes to control each type of unemployment, however, the results are far from satisfactory. Mental illness: There will be loss of self confidence, frustration, negative attitudes towards common things when there is loss of income, and a persons self-esteem gets hurt due to these mental illnesses. These factors become basis for the formulation of the monetary policies of the country for the future years. The Swaran essays unemployment problem Jayanti Rozgar Yojana This program is aimed at providing self-employment as well as wage-employment opportunities to the urban population. Conclusion Though the government has been taking several measures to control the problem of unemployment in the country a lot still needs to be worked upon in order to curb this problem in true sense. This leads to lack of interest and desire to work and unemployment becomes inevitable, as employees deliberately loose their jobs.