short essay unemployment

Unemployment Essay

500+ words essay on unemployment.

Unemployment is a serious problem among young people. There are thousands of people who do not have any work to do and cannot find work for themselves. Unemployment refers to the situation where a person wants to work but cannot find employment in the labour market. One of the major reasons that contribute to unemployment is the large population of India and the limited availability of resources. In this essay on unemployment, we will discuss all these issues responsible for unemployment in India and how we can overcome this problem. Students must go through this unemployment essay to get ideas on how to write an effective essay on the topic related to unemployment. Also, they can practice more CBSE essays on different topics to boost their writing skills.

Unemployment is measured by the unemployment rate, defined as the number of people actively looking for a job as a percentage of the labour force. The unemployment rate for the year 2013-14 in rural India was 4.7%, whereas it was 5.5% for urban India. In the short term, unemployment significantly reduces a person’s income and, in the long term, it reduces their ability to save for retirement and other goals. Unemployment is a loss of valuable productive resources to the economy. The impact of job loss in rural and regional areas flows through the local community, damaging businesses.

Reason for Unemployment

An unemployed person is one who is an active member of the labour force and is seeking work but is unable to find any work for himself. There are multiple reasons behind the unemployment of a person. One of them is the slow economic growth, due to which jobs in adequate numbers are not created. Excessive dependence on agriculture and slow growth of non-farm activities also limit employment generation. Unemployment in urban areas is mainly the result of substantial rural migration to urban areas. This has also resulted in a labour workforce in cities. The lack of technology and proper machinery has also contributed to unemployment.

The present educational system is based on theoretical knowledge instead of practical work. Thus, it lacks the development of aptitude and technical qualifications required for various types of work among job seekers. This has created a mismatch between the need and availability of relevant skills and training. This results in unemployment, especially among the youth and educated people with high degrees and qualifications. Apart from it, the lack of investment and infrastructure has led to inadequate employment opportunities in different sectors.

Steps to Eliminate Unemployment

Various strategies and proposals have been implemented to generate employment. Many Employment programmes and policies have been introduced and undertaken to boost self-employment and help unemployed people engage in public works. The Government of India has taken several policy measures to fight the problem of unemployment. Some of the measures are the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), National Skill Development Mission, Swarna Jayanti Shahari Rozgar Yojana (SJSRY), Regional Rural Banks (RRBs).

Despite the measures taken by the government, India remains a country experiencing severe unemployment problems. It can be resolved by imparting education in such a way that youth get the necessary skills so as to get employment easily. Setting up various vocational training and vocational courses for undergraduate and postgraduate students will help in finding employment for youth. The government needs to emphasise these courses at the primary level and make them a compulsory part of the curriculum to make students proficient in their early stages of life. Career counselling should be provided within schools and colleges so that students can choose a better career option based on their interests and ability. Government should create more job opportunities for the youth and graduates.

India is a fast-growing economy. There is an enormous scope for improvement in the unemployment sector. The various measures and steps taken by the government to increase the employment rate have succeeded to a great extent. The widespread skill development programmes have gained popularity across the nation. With better enforcement of the strategies, the employment level can be significantly improved. Although, we have to go a long way before we can say that all the people in India will get employment.

We hope this essay on unemployment must have helped students in boosting their essay-writing skills. Keep learning and visiting the BYJU’S website for more study material.

Frequently Asked Questions on Unemployment Essay

Is unemployment still an existing problem in india.

Yes, unemployment is still a serious issue in our country. Steps need to be taken by the government and also by the youngsters in India to improve this situation.

Is it necessary for schoolchildren to be informed about unemployment?

Students at this young age should definitely be informed about this topic as it will motivate them to study and aim for higher scores in exams.

What points are to be added to an essay topic on Unemployment?

Add details about different age groups of people suffering from this state of employment. You can focus on the fact that poverty is an indirect reason for unemployment and vice-versa. Then, suggest steps that can be taken to bring about an improvement in education and increase the percentage of literacy.

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Unemployment Essay for Students and Children

500+ words essay on unemployment.

Unemployment is a very serious issue not only in India but in the whole world. There are hundreds and thousands of people out there who do not have employment . Besides, the problems of unemployment are very severe in India because of the growing population and demand for jobs. Moreover, if we neglect this problem then it will be going to become the reason for the doom of the nation.

What is Unemployment?

Unemployment refers to a situation in which a skilled and talented people wanted to do a job. But cannot find a proper job due to several reasons.

Types of Unemployment

Now we know what is unemployment but unemployment does not only mean that the person does not have a job. Likewise, unemployment also includes people working in areas out of their expertise.

The various types of unemployment include disguised unemployment, seasonal unemployment, open unemployment, technological unemployment, structural unemployment. Besides, some other unemployment is cyclic unemployment, educated unemployment, underemployment, frictional unemployment, chronic unemployment, and casual unemployment.

Above all, seasonal unemployment, under unemployment, and disguised unemployment are the most common unemployment that is found in India.

Reasons for Unemployment

In a country like India, there is much reason for a large section of the population for being unemployed. Some of these factors are population growth, slow economic growth , seasonal occupation, slow growth of the economic sector, and fall in the cottage industry.

Moreover, these are the major reason for unemployment in India. Also, the situation has become so drastic that highly educated people are ready to do the job of a sweeper. Besides, the government is not doing his work seriously.

Apart from all these, a large portion of the population is engaged in the agricultural sector and the sector only provides employment in harvest or plantation time.

In addition, the biggest reason of unemployment in India is its vast population which demands a large number of jobs every year which the government and authorities are unable to provide.

Consequences of Unemployment

If things will go on like the current scenario then unemployment will become a major issue. Apart from this, the following things happen in an economy which is an increase in poverty, an increase in crime rate, exploitation of labor, political instability, mental health, and loss of skills. As a result, all this will eventually lead to the demise of the nation.

Get the huge list of more than 500 Essay Topics and Ideas

Initiative by Government

The government has taken the problem very seriously and have taken measures to slowly reduce unemployment. Some of these schemes includes IRDP (Integrated Rural Development Programme), DPAP (Drought Prone Area Programme), Jawahar Rozgar Yojana, Employment Assurance Scheme, NRY (Nehru Rozgar Yojana), Training for self-Employment, PMIUPEP (Prime Minister’s Integrated Urban Poverty Eradication Program), employment exchange, Employment Guarantee Scheme, development of organized sector, small and cottage industries, employment in forging countries, and Jawahar Gram Samridhi Yojana and few more.

Besides, these schemes the government also make some rules flexible, so that employment can be created in the private sector also.

To conclude, we can say that the problem of unemployment in India has reached a critical stage. But, now the government and local authorities have taken the problem seriously and working on it to reduce unemployment. Also, to completely solve the issue of unemployment we have to tackle the main issue of unemployment that is the vast population of India.

FAQs about Unemployment

Q.1 Why there is a problem of unemployment in India? A.1 Due to overpopulation and lack of proper skills there is a problem of unemployment in India.

Q.2 Define Disguised unemployment? A.2 Disguised unemployment refers to a form of employment in which more than the required numbers of people work in industry or factory. And removing some employee will not affect productivity.

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Essay on Unemployment: 100 to 300 Words

Updated on
Mar 30, 2024

Writing an essay on unemployment provides an opportunity to explore a critical issue affecting societies worldwide. Unemployment, a multifaceted problem, has far-reaching consequences that touch upon various aspects of individuals, families, and nations. In this essay, we will delve into the complexities of unemployment, examine its causes and consequences, discuss government initiatives, and shed light on potential solutions.

This Blog Includes:

What is unemployment, essay on unemployment in 100 words, essay on unemployment in 200 words, essay on unemployment in 300 words, tips to ace in writing an essay.

Must Read: The Beginner’s Guide to Writing an Essay

Lack of jobs leads to unemployment. It is a very serious economic and social concern that is happening all around the globe leading to many social ills. This issue is a major one and hence many governments are trying to address it. When people of a nation are employed, that leads to the economic and social well-being of that nation. To address it, the education system needs to be modeled differently so as to increase the employability of people. In democracies, political parties use unemployment as a core issue in their election manifestos.

Unemployment refers to the condition when individuals, capable and willing to work, are unable to secure gainful employment. It is a pervasive issue across the globe, with varying degrees of impact on societies. Unemployment results in financial instability, and emotional distress, and hampers individual growth. Governments and organizations must collaborate to create opportunities for employment through skill development and policy implementation.

Unemployment, a pressing concern globally, stems from multiple factors that hinder the workforce’s engagement in productive activities. It affects both developed and developing nations, contributing to economic imbalances and social disparities. The consequences of unemployment include reduced income levels, increased poverty rates, and strained government resources. Moreover, the psychological toll it takes on individuals and families can be severe, leading to stress, depression, and strained relationships.

The intricate web of unemployment is spun from a mix of causes, ranging from economic fluctuations to structural shifts in industries. Cyclical unemployment, driven by economic downturns, and structural unemployment, resulting from a mismatch between skills and job openings, are widespread forms. Additionally, technological advancements lead to technological unemployment as machines replace human labour.

Unemployment has cascading effects on societies. Diminished purchasing power affects market demand, thereby impacting economic growth. As unemployment rates rise, so does the burden on social welfare programs and the healthcare system. The phenomenon also fuels social unrest and political instability, making it a challenge governments cannot ignore.

Governments worldwide have initiated strategies to tackle unemployment. Skill development programs, vocational training, and entrepreneurship initiatives are designed to equip individuals with market-relevant skills. Furthermore, promoting labour-intensive industries and investing in sectors with growth potential can generate employment opportunities.

In conclusion, unemployment is a complex issue that necessitates a multi-pronged approach. Governments, industries, and individuals must collaborate to alleviate its impact. Effective policy implementation, education reforms, and the cultivation of entrepreneurial spirit can pave the way towards reducing unemployment rates and fostering a more stable and prosperous society.

Before we dive into the specifics of unemployment, let’s briefly discuss some tips to enhance your essay-writing skills:

Understand the Prompt: Ensure a clear understanding of the essay prompt to address all its components effectively.
Research Thoroughly: Gather relevant information from credible sources to build a comprehensive and informed essay.
Organize Your Thoughts: Create an outline to structure your essay logically, allowing your ideas to flow coherently.
Introduction and Conclusion: Craft a compelling introduction to engage your readers, and a succinct conclusion to summarize your key points.
Use Clear Language: Express your ideas using clear and concise language, avoiding jargon or overly complex vocabulary.
Provide Examples: Illustrate your points with real-life examples to enhance understanding and credibility.
Edit and Proofread: Revise your essay for grammar, punctuation, and coherence to ensure a polished final draft.

Also Read: Unemployment v/s Underemployment – What’s Worse?

Manasvi Kotwal

Manasvi's flair in writing abilities is derived from her past experience of working with bootstrap start-ups, Advertisement and PR agencies as well as freelancing. She's currently working as a Content Marketing Associate at Leverage Edu to be a part of its thriving ecosystem.

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Essay on Unemployment

Here we have shared the Essay on Unemployment in detail so you can use it in your exam or assignment of 150, 300, 500, or 1000 words.

You can use this Essay on Unemployment in any assignment or project whether you are in school (class 10th or 12th), college, or preparing for answer writing in competitive exams.

Topics covered in this article.

Essay on Unemployment in 150-250 words

Essay on unemployment in 300-500 words, essay on unemployment in 500-1000 words.

Unemployment is a pressing issue that affects individuals and societies globally. It refers to the state of being without a job or a source of income despite actively seeking employment. Unemployment poses significant challenges, both economic and social, for individuals and communities.

The consequences of unemployment are far-reaching. Financial instability decreased living standards, and a loss of self-esteem and confidence are common outcomes. Individuals may face difficulties in meeting their basic needs, providing for their families, and planning for the future. Moreover, unemployment can lead to social unrest, increased crime rates, and a strain on public resources.

Addressing unemployment requires a multifaceted approach. It involves creating favorable economic conditions, promoting job growth through investment and entrepreneurship, and providing individuals with the necessary skills and training for employment opportunities. Furthermore, social safety nets, such as unemployment benefits and job placement services, play a crucial role in supporting those who are unemployed.

Efforts to reduce unemployment should also focus on addressing structural issues in the labor market, promoting fair employment practices, and encouraging inclusive growth. Additionally, fostering a supportive environment for innovation, research, and development can stimulate job creation and economic prosperity.

In conclusion, unemployment is a complex issue with wide-ranging implications for individuals and societies. It demands comprehensive strategies that encompass economic policies, skill development, and social support systems. By addressing unemployment effectively, we can strive towards a society where individuals have access to fulfilling work opportunities and can contribute to the overall well-being and prosperity of their communities.

Title: Unemployment – The Economic and Social Challenge

Introduction :

Unemployment is a pressing issue that affects individuals, families, and societies worldwide. It refers to the state of being without a job or a viable source of income despite actively seeking employment. High levels of unemployment have significant economic and social consequences, making it a critical challenge to address.

Causes of Unemployment

Unemployment can stem from various factors. Economic downturns and recessions often result in job losses as businesses struggle to sustain their operations. Technological advancements and automation have also led to job displacement, particularly in industries that rely heavily on manual labor. Globalization and outsourcing practices have contributed to the relocation of jobs to countries with lower labor costs, creating unemployment in certain regions.

Impact of Unemployment

Unemployment has far-reaching implications. Financial instability resulting from joblessness can lead to increased poverty rates, limited access to healthcare, and housing insecurity. It also strains social cohesion, as unemployed individuals may experience psychological distress, low self-esteem, and a loss of purpose. Moreover, long-term unemployment can lead to skills deterioration and a loss of work experience, making it increasingly difficult for individuals to re-enter the labor market.

Addressing Unemployment

Addressing unemployment requires a multi-faceted approach:

Economic Policies: Governments should implement policies that promote economic growth, investment, and job creation. This includes fostering a business-friendly environment, reducing bureaucratic barriers, and providing incentives for entrepreneurship and innovation. Additionally, targeted industry development strategies can identify sectors with growth potential and encourage job creation in those areas.

Education and Skills Development: Investing in education and skills development is crucial to equip individuals with the necessary competencies for available job opportunities. Collaboration between educational institutions, employers, and government agencies can help bridge the skills gap and ensure that individuals are prepared for the changing demands of the labor market. Upskilling and reskilling programs can help unemployed individuals acquire new skills and improve their employability.

Job Creation Initiatives: Governments should prioritize job creation initiatives, particularly in sectors with high growth potential. This can be achieved through infrastructure projects, green technology investments, and support for small and medium-sized enterprises. Public-private partnerships can also play a significant role in stimulating job creation and economic development.

Social Safety Nets: Establishing robust social safety nets is crucial to support those facing unemployment. Unemployment benefits, healthcare coverage, and access to retraining programs can help individuals meet their basic needs and regain economic stability while actively seeking employment. Such support systems alleviate the financial burden and provide a safety net during challenging times.

Conclusion :

Unemployment is a complex and persistent socioeconomic challenge that demands comprehensive solutions. By implementing effective economic policies, investing in education and skills development, promoting job creation, and providing social safety nets, societies can mitigate the impacts of unemployment and strive toward a more equitable and prosperous future. It is essential to address this issue with urgency, as reducing unemployment rates not only improves individual well-being but also fosters economic growth and social cohesion.

Title: Unemployment – A Dual Crisis of Economic Stability and Human Dignity

Unemployment is a complex and pervasive issue that affects individuals, families, and societies at large. It refers to the state of being without a job or a viable source of income despite actively seeking employment. High levels of unemployment have severe economic and social consequences, making it a pressing challenge that demands effective solutions and interventions. This essay aims to provide a comprehensive analysis of the causes, impacts, and potential remedies for unemployment, recognizing its multifaceted nature and the need for a holistic approach.

I. Understanding Unemployment

Unemployment can be classified into various types based on its causes and duration. Structural unemployment arises from shifts in the economy, such as technological advancements or changes in market demand, rendering certain jobs obsolete. Cyclical unemployment, on the other hand, is caused by economic downturns and fluctuations in business cycles. Frictional unemployment occurs when individuals are between jobs or in transition, while seasonal unemployment is linked to seasonal variations in certain industries.

II. Economic Implications

Unemployment poses significant challenges to the economy at both micro and macro levels. At an individual level, it leads to a loss of income and financial instability, making it difficult for individuals to meet their basic needs, contribute to the economy, and plan for the future. Moreover, the lack of economic opportunities leads to a decrease in consumer spending, which negatively impacts businesses and reduces their profitability. This, in turn, can trigger downsizing, closures, and a negative cycle of job losses, further exacerbating the unemployment crisis.

On a macroeconomic scale, high unemployment rates hinder economic growth and development. The decline in consumer spending decreases demand for goods and services, creating a ripple effect throughout the economy. Governments also face challenges in generating tax revenues, leading to reduced public investment in infrastructure, education, and healthcare. Additionally, increased government spending on unemployment benefits and social support places a strain on public finances, potentially leading to higher budget deficits or cuts in other areas.

III. Social Consequences

Unemployment not only impacts individuals’ economic well-being but also has profound social implications. Financial instability resulting from joblessness can lead to increased poverty levels, housing insecurity, and limited access to healthcare, further exacerbating social inequalities. The psychological toll of unemployment cannot be overlooked, as individuals may experience feelings of anxiety, depression, low self-esteem, and a loss of purpose. This can strain relationships, lead to social isolation, and create a sense of hopelessness among the unemployed.

Furthermore, long-term unemployment can result in skills deterioration and a loss of work experience, making it increasingly difficult for individuals to re-enter the labor market. This perpetuates a cycle of unemployment and hinders upward social mobility, reinforcing existing inequalities and social divisions.

IV. Causes of Unemployment

Unemployment is influenced by a combination of economic, structural, and policy-related factors. Economic downturns, such as recessions or financial crises, can lead to widespread job losses as businesses struggle to stay afloat. Technological advancements and automation also contribute to job displacement, particularly in industries that rely heavily on manual labor. Globalization and outsourcing practices can result in the relocation of jobs to countries with lower labor costs, further aggravating unemployment in certain regions.

Inadequate education and skills training also contribute to unemployment. Rapid changes in the labor market demand individuals with up-to-date skills and knowledge. Failure to adapt and provide relevant training can leave individuals ill-equipped to secure employment in sectors with higher demand.

V. Addressing Unemployment

Effectively addressing unemployment requires a comprehensive approach that combines economic policies, education and skills development, job creation initiatives, and social safety nets. Some potential strategies include:

Economic Policies
Education and Skills Development
Job Creation and Support
Social Safety Nets

Economic Policies:

Governments should implement policies that foster a conducive business environment, promote investment, and stimulate job creation. This may involve reducing bureaucratic barriers, providing incentives for entrepreneurship and innovation, and investing in infrastructure projects to generate employment opportunities.

Education and Skills Development:

A focus on education and skills training is crucial to equip individuals with the necessary competencies for available job opportunities. Collaboration between educational institutions, employers, and government agencies can help bridge the skills gap and align education with labor market needs. Upskilling and reskilling programs should be promoted to ensure individuals can adapt to evolving job requirements.

Job Creation and Support:

Governments should prioritize job creation initiatives in sectors with growth potential, such as renewable energy, healthcare, technology, and infrastructure development. This can be achieved through investment incentives, public-private partnerships, and targeted industry development strategies. Additionally, providing job placement services, vocational training, and financial assistance to unemployed individuals can enhance their employability and facilitate their transition back into the workforce.

Social Safety Nets:

Establishing robust social safety nets is essential to provide temporary relief and assistance to those facing job loss. Unemployment benefits, healthcare coverage, and support for retraining can help individuals meet their basic needs and regain economic stability while actively seeking employment. Such measures help alleviate the negative impacts of unemployment and support individuals during periods of transition.

Unemployment is a dual crisis of economic stability and human dignity, impacting individuals and societies on multiple levels. The economic and social consequences of unemployment demand comprehensive and coordinated efforts to address its causes and mitigate its impacts. By implementing effective economic policies, investing in education and skills development, promoting job creation, and providing robust social safety nets, societies can strive towards reducing unemployment rates and creating a more inclusive and prosperous future for all.

Essay On Unemployment

Table of Contents

Short Essay On Unemployment

Unemployment is a major social and economic issue that affects millions of people around the world. It refers to the situation where people who are actively seeking employment are unable to find work. Unemployment has far-reaching consequences, not only for individuals but also for society as a whole.

One of the main consequences of unemployment is financial hardship. When people are unable to find work, they often struggle to make ends meet. This can lead to increased poverty, as people are unable to afford basic necessities such as food, housing, and healthcare. Furthermore, unemployment can also result in increased debt, as people may have to resort to loans or credit cards to make ends meet.

Unemployment also has a negative impact on mental health. The stress and uncertainty of not having a job can lead to feelings of hopelessness, depression, and anxiety. Furthermore, unemployment can also result in a loss of self-esteem, as people may feel as though they have failed in their pursuit of work.

In addition to its personal consequences, unemployment also has wider social and economic effects. High levels of unemployment can lead to increased crime, as people may resort to illegal activities to make ends meet. It can also result in decreased consumer spending, as people have less disposable income to spend on goods and services.

To address the issue of unemployment, governments and businesses must work together to create jobs and stimulate economic growth. This can be achieved through a range of measures, including investment in infrastructure, tax incentives for businesses, and training and education programs for workers. Furthermore, it is important to ensure that the labor market is flexible and responsive to changes in the economy, so that workers can quickly adapt to new opportunities.

In conclusion, unemployment is a major issue that affects individuals and society as a whole. It can lead to financial hardship, mental health problems, and wider social and economic consequences. Addressing unemployment requires a multi-faceted approach, involving governments, businesses, and individuals working together to create jobs and promote economic growth.

Long Essay On Unemployment

The world is facing an unprecedented rise in unemployment, with young people being the most affected. This article will explore how this issue has been addressed in policy and literature, as well as examining its impact on individuals and society. Read on to find out more about the causes, effects and solutions to this serious problem.

Introduction

Unemployment is a problem that affects many people across the globe. It is defined as the state of being without work and looking for employment. Unemployment can be caused by a number of factors, such as economic recession, structural changes in the labour market, or technological advancements.

The effects of unemployment can be both positive and negative. On one hand, it can lead to increased crime rates and social unrest. On the other hand, it can also give people more time to pursue their hobbies or spend time with their families.

There are a number of ways to tackle unemployment, such as providing training and education programmes for those who are out of work, or offering financial incentives to companies who create new jobs. Whatever the approach, it is important to remember that unemployment is a complex issue with far-reaching consequences.

Definition of Unemployment

There are various types of unemployment, but in general, unemployment occurs when people are without work and actively seeking employment. The most common measure of unemployment is the unemployment rate, which is the percentage of the labor force that is unemployed.

Types of Unemployment

There are four types of unemployment: structural, frictional, cyclical, and seasonal.

Structural unemployment is caused by a mismatch between the skills and attributes of workers and the requirements of jobs. It can be addressed by policy measures that aim to improve the match between workers and jobs, such as training programs.

Frictional unemployment occurs when workers are in between jobs, or are searching for their first job. It is a natural part of the economy and nothing can be done to eliminate it completely.

Cyclical unemployment happens when there is not enough demand for goods and services in the economy. It can be addressed through macroeconomic policies that aim to stimulate aggregate demand.

Seasonal unemployment occurs when there is a variation in demand for workers across different seasons. It is typically addressed through government programs that provide temporary employment during periods of low demand.

Causes of Unemployment

There can be various reasons behind unemployment. It could be due to the lack of available jobs, or it could be because an individual is not qualified for the jobs that are available. There are also times when people are laid off from their jobs because of technological advancements or a change in company policy.

Impact of Lack of Employment

In a society where employment is the norm, not having a job can be a major source of stress and anxiety. The lack of employment can have a ripple effect on an individual’s life, impacting their mental and physical health, as well as their relationships.

The most obvious impact of unemployment is financial. Without a regular income, it can be difficult to make ends meet and pay for necessary expenses like food, shelter, and clothing. This can lead to extreme financial hardship and even homelessness.

The stress of being unemployed can also take a toll on one’s mental health. Joblessness can lead to feelings of loneliness, depression, and worthlessness. Individuals who are out of work may find it difficult to stay motivated and may start to withdraw from friends and activities they once enjoyed.

The physical health of the unemployed can also suffer due to the increased levels of stress. Stress can lead to headaches, insomnia, gastrointestinal problems, and other illnesses. In some cases, the effects of unemployment can even be deadly – studies have found that jobless individuals are more likely to die prematurely than those who are employed.

Finally, being unemployed can put strain on personal relationships. The financial difficulties associated with joblessness can cause arguments and tension within families. The stress of being unemployed can also make individuals irritable and short-tempered, which can damage personal relationships both inside and outside the home.

Solutions for Reducing Unemployment

1. There are a number of things that can be done to reduce unemployment.

2. One way to reduce unemployment is by providing training and education to the unemployed.

3. Another way to reduce unemployment is by providing financial assistance to the unemployed.

4. Another way to reduce unemployment is by creating more jobs.

5. Finally, another way to reduce unemployment is by reducing the number of people who are allowed to immigrate into the country. 6. A combination of all of these ideas could help reduce unemployment.

Employers, policy makers and the general public must all work together to address the issue of unemployment. This means addressing underlying causes such as lack of education and training opportunities for individuals, focusing on job creation strategies that are tailored to local needs, and increasing access to support services so that those affected by unemployment can get back into employment quickly. Until these measures are taken, it is likely that we will continue to face high levels of unemployment in our society.

Manisha Dubey Jha is a skilled educational content writer with 5 years of experience. Specializing in essays and paragraphs, she’s dedicated to crafting engaging and informative content that enriches learning experiences.

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Essay on unemployment 15 Models

Last updated Friday , 15-03-2024 on 11:20 am

Essay on unemployment is important for every student, and we will write several models for essay on unemployment, such as a short essay on unemployment or a paragraph, or a 250-word essay, a long essay on unemployment.

Unemployment is a serious social problem and has negative effects on both the individual and society. Therefore, we find that writing an essay about it is important and should deal with an introduction and a conclusion as well, and we will present an essay on unemployment with the elements.

There are several models to suit all students, in the primary, preparatory and secondary levels.

Essay on unemployment

Unemployment is one of the biggest problems facing countries, and this problem has increased recently as a result of the spread of the Corona virus (Covid-19), as many factories, companies and stores were closed, export and import stopped, and the tourism sector and other government institutions. stopped working

The high unemployment rate in some countries was a clear indication of the deterioration of their economy and the low level of per capita income.

The government is working to solve this problem to avoid the negative effects that result from it, because unemployment has negative effects on both the individual and society.

Definition of unemployment

Unemployment is defined as the increase in the number of people looking for a job over the number of jobs offered in the labor market.

The unemployment rate is determined by calculating the percentage by dividing the number of job seekers by the number of the labor force. The labor force means the sum of working people and people looking for jobs.

Undoubtedly, the higher the unemployment rate in society, the more this indicates the existence of major economic problems.

Therefore, we find that there is a continuous follow-up to determine the unemployment rate in society, and to try to develop solutions to this problem.

The main types of unemployment

There is no doubt that every young man dreams of having a job after graduating from university, but this dream is not easily achieved, and the percentage of the unemployed has increased.

And we can define the unemployed as the one who is looking for a job and wants it but does not find it, and we do not mean by it those who do not want to work, such as some rich young people or the elderly and those who receive a pension, and the young people who are still studying, all of these are not from the unemployed, and they are not counted in the unemployment rate in society.

Among the most important types of unemployment are the following:

1- Classic unemployment among young people

Unemployment among young people is one of the most dangerous types of unemployment, because young people are the energy of society, and they are able to work well.

A job is the dream of every young man after he finishes his studies. But often young people are shocked by the bitter reality, after he finished his studies, he could not find any suitable job for him. As a result, young people are forced to do much less work than they had previously dreamed of. In most cases, they are jobs that do not require a great deal of education.

And some of the young people refuse to work, and keep looking for their dream job, and in many cases they do not find it.

2- Disguised unemployment

The name disguised unemployment is called the increase in the number of people who work in a job, more than the number required to complete that work, We see this clearly in government institutions and bodies. Where it is overcrowded with employees and there is no real production commensurate with their number.

Accordingly, the numbers in excess of the need for work are unemployed people, but they receive salaries. The state cannot take measures against them (such as dismissing them or firing them from work) in order to take into account their social conditions.

3- Seasonal unemployment

Seasonal unemployment is unemployment that recurs permanently, because there are some jobs associated with certain times of the year, or related to some projects. Many workers work in this business. When the project or work season ends, these people become unemployed.

4- Long-term unemployment

The number of citizens looking for work is monitored through labor offices and other government institutions.

The numbers who join a job, and the numbers that did not find a job, are monitored. People who are looking for work and they did not find during a period of more than 27 weeks they are called long-term unemployment.

5- Short-term unemployment

The number of citizens looking for work is also monitored through labor offices and other government institutions.

The numbers who join a job, and the numbers that did not find a job, are monitored. Individuals who are looking for work and have not found a job within a period of less than 27 weeks is called short-term unemployment.

6- Cyclical unemployment

Cyclical unemployment also occurs in a large proportion, and it is due to the capital cycle, or because a person moves from one job to another. But in most cases, the period of unemployment is limited, and the individual can join work again.

Causes of unemployment

The gap between the number of job seekers and the number of existing jobs. Some may attribute this reason to the increase in population. But we must benefit from human wealth by preparing and training them, and providing job opportunities that benefit both the individual and society.
The mismatch between the skills of individuals and the skills required for the labor market. The state bears the biggest mistake in this matter, as the academic preparation of students does not comply with the requirements of the labor market.
The high interest rate, which is one of the reasons for the high unemployment rate in society. As businessmen and the rich prefer to put their money in banks if the interest is high, Thus, they do not invest in agriculture, industry, or trade. All of this leads to a lack of job opportunities and an increase in the unemployment rate.
Natural disasters, which are also one of the factors that increase the unemployment rate, For example, earthquakes, volcanoes, tsunamis, hurricanes, heavy rain, drought, desertification and other natural phenomena, all of these phenomena have an impact on human life and may lead to unemployment of many of them. Where many people lose their jobs and money as a result of natural disasters.
The spread of epidemics is one of the factors that increase the unemployment rate, and we have recently witnessed the impact of the Corona epidemic (Covid-19) on the economy of countries, especially developing countries, where their economy has deteriorated, and many people have lost their jobs and money.
Technological development and machine solutions in place of labor was one of the most important causes of the unemployment problem. The problem of unemployment appeared after the Industrial Revolution, in which the machine became more widely used, and the labor force was laid off. The greater the technological progress, the greater the layoff, and the greater the unemployment.
Internal or external migration is one of the causes of unemployment. This is like the migration of citizens from the countryside to the cities, which makes the number of people looking for work much greater than the number of jobs.
The global recession greatly affects the economy of all countries, especially developing countries, as the world has become intertwined in economic matters, and the movement of trade, import and export, and others. When the economy is weak and buying is scarce, many people lose their jobs and join the unemployed.

The effects of unemployment on the individual

Unemployment has many negative effects on the individual, as it affects all aspects of his life, especially if he is married and has a family he is responsible for.

The biggest problem that a person can face is his inability to provide the necessary money to buy his basic needs and the needs of his family.

1- The low level of income and consequently the deterioration of living conditions, which puts the person under severe psychological pressure.

2- Increasing the financial burden, as the unemployed person cannot compensate for the money he spends, and therefore he will spend all his savings, and after that he will not find what to spend.

3 – Borrowing and the accumulation of debts, happen a lot because there are basic requirements, and it is impossible to dispense with them.

4- The high rate of mental and physical diseases. Undoubtedly, the unemployed person is under great psychological and nervous pressure, which causes him psychological diseases such as depression, stress and anxiety. In addition, he suffers from other diseases such as high pressure, heart disease and others.

5- The tendency to commit suicide is the most dangerous effect caused by unemployment, because the unemployed person who is unable to provide for the needs of his family is under great nervous and psychological pressure, which may lead him to commit suicide if he does not find a solution to his problem.

6- Hatred of society is one of the negative effects resulting from unemployment, because the unemployed person will hate others, and hatred will spread among members of society.

7- Lack of loyalty to the homeland is one of the most dangerous negative effects of unemployment, as a person will hate his homeland and search for another country that provides him with a better living.

The effects of unemployment on society

Unemployment has negative effects on society, as unemployment is closely related to the economy. The stronger the economy, the more projects and job opportunities, and thus the lower the unemployment rate in society.

Certainly, the economy is a sign of the strength or weakness of the state. In recent times, wars have become very economic.

Among the negative effects of unemployment on society are the following:

1- The loss of political stability, and this is a dangerous thing because political instability will lead to a deterioration in the state of the economy.

2- The high crime rate is one of the negative effects of unemployment, as some individuals resort to theft, bribery and other crimes to get money.

3- Family disintegration and the high rate of divorce, as a result of the man’s inability to provide for the family’s needs.

4- Searching for illegal ways to immigrate, and this is what young people always think of without caring about the risks that may take their lives.

5- Weakness of the economy as a result of not benefiting from the workforce.

6- Skilled migration abroad in search of good job opportunities.

7- Increasing financial allocations for subsidy, which helps the economy deteriorate rapidly.

8- The spread of poverty among the classes of citizens and the arrival of large numbers of citizens below the poverty line.

The effect of unemployment on the economy

There is no doubt that the relationship between the economy and unemployment is close, as unemployment is an important indicator of the strength or weakness of the economy.

The higher the unemployment rate, the weaker the economy, and the lower the economic growth. While the low unemployment rate indicates the recovery and strength of the economy.

Among the negative effects of unemployment are:

Lack of production, and not benefiting from the unemployed workforce.
Consumption of products, and the need to import larger quantities.
Increase aid, and borrow from abroad.

All of these negative effects exacerbate economic problems, which may eventually lead to the state’s inability to pay its foreign debts.

The policy adopted to solve the unemployment problem

Encouraging the private sector.

Encouraging small businesses.

Develop education according to the required jobs.

Investing the components of the state to provide job opportunities for young people, such as investing waste lands in agriculture and animal investment, or encouraging small industries that complement other industries.

At the end of a topic about unemployment and its negative effects on both the individual and society, we must advise young people to acquire the largest number of experiences in order to be able to find a job for themselves.

Also, small projects, in which several people participate, are a good solution.

It is also important in order to eliminate the phenomenon of unemployment to study the needs of the labor market, and to make education in line with these needs.

Unemployment Essay in English

Many people suffer from difficulty in getting a good job opportunity. This is because job opportunities are much less than the number of people willing to work. Some of these people prefer unemployment rather than working in jobs below their educational level.

There are some tips that young people should follow in order to get a good job. Including self-development through the diversity of experiences in their specialization.

University study is no longer sufficient, but the young man must develop himself through specialized courses, learn more than one language, learn computer science and other modern sciences.

This is what every individual should do after job opportunities have become few, because unemployment has a negative impact on an individual’s life, whether in the economic, social and health aspects.

Paragraph on unemployment

The problem of unemployment arose with the beginning of the Industrial Revolution, as the machine became more widely used, and thus labor was largely dispensed with. This problem is exacerbated by increasing technological progress. As a result, a large number of individuals cannot find suitable work for them.

And the jobs required a special quality of employees, and they were required to be fully acquainted with the English language and computer science.

Therefore, young people must gain several experiences in order to get a good job, and there is a great development in the requirements of the labor market.

Trade, for example, through the Internet (online shopping) has become the most prevalent, and technology has become more widely used in agriculture and industry as well.

Unemployment solutions essay

The problem of unemployment has become a global problem, and it is important that we look for realistic solutions to this problem. Among these solutions is the encouragement of small projects, which are managed by one individual or a group of individuals, in addition to encouraging investors to establish huge projects that provide many job opportunities for young people.

It is important that education at the secondary and university levels meet the demands of the labor market, so that the student will not be shocked after graduating from university that what he has studied has nothing to do with the needs of the labor market.

Also, allocating funds to subsidize non-workers until they find a job is necessary, in order to avoid the risks that result from the high rate of unemployment in society, such as the high crime rate in society, family disintegration and other social and health problems.

Unemployment Essay in English 250 Words

The problem of unemployment has become a global problem, and it is a serious problem that affects both the individual and society. Therefore, the causes of this problem are studied and followed up, in order to find real solutions.

The causes of the unemployment problem differ from one society to another. There are societies that attribute this phenomenon to overpopulation, and thus encourage families to control birth, provide them with the necessary medicines for this, and use the media to direct families to birth control.

While other countries encourage national and foreign investment, in order to provide job opportunities for their citizens. Other countries encourage the establishment of projects that require many labors, and thus we find that there are many solutions to overcome the problem of unemployment.

It is important for each country to study this phenomenon separately, and to know what its causes are, so that it can develop appropriate solutions to solve the problem of unemployment. Individuals must also develop their skills, and have multiple experiences that qualify them to join the work.

The existence of solutions to the problem of unemployment is very important, because unemployment has negative effects on both the individual and society, and unemployment is considered an indicator of the strength or weakness of the state’s economy.

Unemployment essay introduction

Undoubtedly, the problem of unemployment troubles many countries, especially developing countries. This is because the high rate of unemployment in society leads to political instability.

When the government cannot provide the needs of citizens, by providing them with job opportunities, and they receive a salary sufficient to purchase their needs, then demonstrations, crimes and other acts of violence and sabotage will increase, and all this leads to political instability.

While the rich countries solve this problem by giving unemployment aid, which is an amount of money that is sufficient to purchase the needs of individuals, and is given to unemployed people until they find a suitable job for them.

The high unemployment rate among members of society will lead to an increase in poverty and the spread of psychological and mental illnesses.

Youth unemployment essay

Undoubtedly, young people are the most important group in society, and they must hold great hopes for nations.

Young people are characterized by strength, enthusiasm, and aspiration for a better future. Therefore, the government must provide job opportunities for young people, so that these opportunities are appropriate to their scientific abilities.

It is desirable for young people to arm themselves with science, and to acquire all the experiences that qualify them for the labor market. It has become necessary to learn modern sciences, especially technological sciences, and computer science. English language proficiency has also become a requirement for most jobs. The government must look for real solutions to solve the unemployment problem, because the risks of unemployment are very bad for both the individual and society.

Short essay on unemployment

The unemployment rate is a real indicator of the state’s economy. When the economy is strong, there are huge projects in various fields. Thus, job opportunities will be available to many of the unemployed.

A strong economy is followed by a circulation of money, sales increase, and imports and exports increase. All of this provides many job opportunities for the unemployed youth. Therefore, there must be projects that absorb the unemployed labor force.

The work is beneficial to both the individual and society, whereby the individual can live a decent life and provide for his family’s needs easily. The society can advance economically, and thus it can progress in all other areas, such as health, education and services.

Technology and unemployment essay

Technology has caused the disappearance of many jobs. The machine has become more accurate and faster than the human being. This made many people lose their jobs, especially in the agricultural and industrial fields. Where the agricultural and industrial sectors absorb large numbers of workers and employees. As for today, it has become mainly dependent on machines.

Also, modern jobs require that the employee be qualified to deal with modern technology, Therefore, young people must develop themselves and learn modern sciences, especially technological sciences.

The educational curricula should also be developed, and provide students with skills required in the labor market.

If everyone does what he should do, the unemployment rate in society will decrease.

Unemployment as a social problem essay

Undoubtedly, unemployment is a social problem that affects not only the individual but also his family, and unemployment has negative effects on society as a whole. The causes of unemployment differ from one society to another. But we can define unemployment as the increase in the number of people looking for a job over the number of people required for this job.

In this case, the person may accept a job that is less than his ambitions, and may refrain from working until he finds a job suitable for his academic qualification.

In all cases, there must be various solutions to this problem, such as encouraging foreign investment, establishing large projects, encouraging the private sector, encouraging self-projects and small projects.

All the previous solutions help to solve the unemployment problem to a large extent.

Problem of unemployment essay

There are negative effects of unemployment, some of which pertain to the individual and others to society.

One of the serious negative effects that the individual is exposed to is his lack of money to buy his basic needs and the needs of his family.

At that time, we expect the person to react badly. He may accept a bribe, steal, or kill in order to get money.

Thus, the crime rate in society will increase.

As a result, investors will flee to safer countries. Thus, job opportunities will decrease further, and thus the unemployed will increase and crimes will increase, and so on. The unemployment problem will only get worse if it is not resolved quickly.

One of the problems facing society as a result of the increase in the unemployment rate is the spread of poverty, and thus the increase in financial allocations to provide aid to unemployed people, and this becomes a burden on the economy of poor countries.

Essay on unemployment in 250 words

Unemployment may signal the beginning of the end of the state. In many countries that collapse and declare bankruptcy, the beginning of the matter is the high unemployment rate in them.

When there are fewer projects, less investment and production, and import becomes much greater than export, it will be difficult to solve the problem of unemployment.

As a result, the crime rate in society increases, and it is difficult to control citizens. Demonstrations and anti-government revolutions erupt, causing the state to collapse.

Therefore, the government must find real solutions to the unemployment problem. Such as encouraging the private sector to set up projects that require a lot of manpower, or allow citizens to immigrate to other countries with good job opportunities.

The damages of unemployment do not affect society only, but also affect the individual, causing him economic problems and represented in his inability to provide for his family’s needs, which causes him psychological and nervous pressure. In many cases, people commit suicide because of their inability to earn enough money for their lives.

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Unemployment in the United States Essay

Introduction, definition of unemployment, current unemployment rate in the united states of america, reasons for unemployment in the united states of america, consequences of unemployment in the united states of america, possible solutions to the issue, works cited.

Unemployment is one of the fundamental economic and social problems in the world. Every country once in a while experiences a lack of working places available on the labor market. It could be said that unemployment rate is constantly changing, as it depends on the variety of social and economic factors. It could be assumed that unemployment is a critical issue in the United States of America, as it has a strong impact on the society and other spheres of everyday life.

Firstly, the essay provides the definition of unemployment. Secondly, it describes a current situation regarding unemployment rate in the United States of America. Thirdly, it focuses on the explanation of reasons for this phenomenon. Fourthly, negative and positive consequences and effect of unemployment on American society are discovered. Moreover, possible solutions to the problem are discussed. Lastly, the conclusions are made.

Unemployment could be defined as an amount of people, who are not involved in any working activities (Gupta 334). However, it has to be mentioned that this definition is vague and unspecified. In order to give a clear understanding of the term a vehement categorization has to be made, as it will help to avoid ambiguity. Firstly, people have to be divided into two groups, as employed and unemployed, where people who are not eligible to perform work tasks such as pensioners and children are excluded (Gupta 334).

The second step is to categorize potential workforce into two groups, such as employed and unemployed (Gupta 334). However, one more distinction has to be made. The unemployed people are divided into two more groups such as involuntary and voluntary (Gupta 334).

It could be concluded that the definition of unemployment includes only a rate of voluntary unemployed population, as other people are considered irrelevant to this phenomenon. Moreover, it could be said that the categorization is necessary, as it helps to avoid ambiguity and confusion while defining the term.

It could be said that high unemployment rate is one of the most important issues, which the United States currently experiences (Tong, Tong, and Tong 75). It could be said that some people, who are not able to find a job increased due to the situation in the world.

However, it could be said the situation regarding unemployment has changed over past several years. It has been noticed that the unemployment rate decreased to 5.4%, as American employers introduced 223,000 job offers in April 2015 (Schwartz par. 2). However, the wages were not dramatically increased due to the decrease in the unemployment rate. Some conservatives claim that delay in salary’s increase occurred due to the weak economic condition of the country and insufficient Obama’s actions (Schwartz par. 8).

American economists predict the unemployment rate will significantly drop by the end of the year and may be lower than 5.4% (Schwartz par. 18). However, it has to be mentioned that a number of people, who are obliged to take part-time jobs, remains high (Schwartz par. 19). It could be concluded that the situation on the American market is relatively better now. However, changes have to be made in order to improve a current condition of the unemployment rate in the United States of America.

One of the primary reasons for high unemployment in the United States of America is a financial crisis (Tong, Tong, and Tong 75). The economic recession causes problems for job seekers, as many enterprises experienced bankruptcy during these years. Moreover, a current situation will remain unchanged, as there are many factors, which have a dramatic influence on it, such as competitive pressure from Europe and China and expensive health care system maintenance (Tong, Tong, and Tong 75).

Another cause of unemployment is “the US government’s neoliberal policies” (Li 218). It could be said that these governmental actions are the primary causes of severe financial conditions, which lead to the increase of unemployment rate in the country. The main goal of neoliberalism is to create “asset bubbles” (Li 218). Despite positive intentions, the creating of ‘bubbles’ leads to structural unemployment, and destruction of any of them leads to the global financial crisis.

Imports to exports ratio is another aspect, which has a strong influence on the development of the high unemployment rates. In case of the United States, a number of imports significantly outnumbers the exports (Tong, Tong, and Tong 75). This factor creates the imbalance in the American economy, weakens a position on the global market, and increases external debt and unemployment rates.

It could be said that all of these factors have a substantial impact on the American economy. However, a combination of all aspects dramatically increases the unemployment rate, as a high correlation between these phenomena can be noticed. Evaluating factors together helps see a full image of the current situation in the United States.

It has to be mentioned that unemployment has not only negative but also positive impacts on American economics. Firstly, it has to be mentioned that a rise in unemployment increases the level of proprietorship in the society (Gohmann and Fernandez 289). American economists have noticed this consequence and actively utilized it to decrease the unemployment rate. The main reason for the popularity of this approach is the fact that proprietorship reduces unemployment by creating new job offers (Gohmann and Fernandez 289).

Firstly, the entrepreneurship occurs, when individuals are unable or experience difficulties while seeking for a new job offer (Gohmann and Fernandez 289). Consequently, they have to establish new businesses and enterprises. In turn, this fact leads to a creation of new products, innovation development, and an establishment of new vacancies. It could be concluded that the unemployment leads to the development of entrepreneurship, which, in turn, leads to the reduction of unemployment.

As for the negative effects, unemployment has an adverse impact on the psychological state of an individual. As basic psychological and social needs such as well-established everyday routine and ability to financially support family members are not satisfied, one experiences negative attitude and depression (Hoye and Lootens 85). It could be said that a person lives in constant stress and feels hopeless until he/she is able to fix this problem.

Unemployment also has adverse effects on the family establishment and social roles. A high interdependence between a rise in unemployment and an increased divorce rate is noticed (Dolen, Weinberg, and Ma 172). Children are the ones, who experience violence, and an amount of attention paid to children has to be increased during seasons of high unemployment (Dole, Weinberg, and Ma 172).

It could be said that this economic phenomenon has an adverse impact on family formation and relationship between its members. Moreover, violence might be a cause of mental and physical trauma among children, and might be a reason for social isolation in future.

There are several solutions to a problem such as a high-quality training, introduction of new jobs, and development of favorable economic and social conditions for the companies (Hong, Hong, and Hong 76). These actions will help to improve a current negative situation on the labor market and provide people with positions. Moreover, a combination of these factors will create favorable conditions for development and sustainability of the enterprises to avoid a high unemployment rate in future.

Lastly, improvements in American political and economic structures have to be made. These changes will help enhance a global reputation. Moreover, the advancements and innovations will help avoid a similar issue in the near future.

In conclusion, it could be said that the situation regarding the unemployment rates has experienced changes in a positive direction. It is not as high as it was before due to the introduction of new job offers. Possible reasons for unemployment were economic and political actions implemented by the government of the United States of America. It might seem that unemployment has only negative effects on society. However, the proprietorship is one of the positive influences of unemployment, which helps create new job opportunities. Furthermore, a current situation is unfixed, as advancements in governmental policies may help decrease the levels of unemployment in the country.

Dole, Willemijn, Charles Weinberg, and Leiming Ma. “The Influence of Unemployment and Divorce Rate on Child Help-Seeking Behavior about Violence, Relationships and Other Issues.” Child Abuse & Neglect 37.2-3 (2013): 172-180. Print.

Gohmann, Stephan and Jose Fernandez. “Proprietorship and Unemployment in the United States.” Journal of Business Venturing 29 (2014): 289-309. Print.

Gupta, Gypuzur. Macroeconomics: Theory and Applications , New Delhi: Tata McGraw-Hill Publishing Company Limited, 2006. Print.

Hoye, Greet and Hanne Lootens. “Coping with Unemployment: Personality, Role Demands, and Time Structure.” Journal of Vocational Behavior 82.2 (2013): 85-95. Print.

Li, Jinhua. “Analysis of High Unemployment Rate in the USA.” World Review of Political Economy 4.2 (2013): 218-229. Print.

Schwartz, Nelson. “U.S. Economy Added 223,000 Jobs in April; Unemployment Rate at 5.4%.” The New York Times 8 May 2015. Web. 25 Aug. 2015.

Tong, Carl, Lee-Ing Tong, and James Tong. “High Unemployment in the United States: Causes and Solutions.” Competition Forum 10.2 (2012): 74-79. Print.

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Essay on Unemployment for Children and Students

Table of Contents

One of the major hindrances in the growth of any country is unemployment. Unemployment is a serious issue in India. Lack of education, lack of employment opportunities and performance issues are some of the factors that lead to unemployment. The government of India must take effective steps to eliminate this problem. One of the main problems faced by the developing countries is unemployment. It is not only one of the major obstacles in the country’s economic growth but also has several other negative repercussions on the individual as well as the society as a whole.

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Long and Short Essay on Unemployment in English

We have provided below short and long essay on unemployment in English for your knowledge and information. These essays have been written in simple and impressive language to convey the message with minimum effort.

After going through these Essays on Unemployment you will know about the factors leading to unemployment in India; what are the possible solutions for the eradication of unemployment; different types of unemployment; initiatives taken by the government to reduce unemployment; unemployment statistics in India etc.

These Unemployment essay will be useful in your school/college events of essay writing, speech giving or debate.

Unemployment Essay 1 (200 words)

People who are willing to work and are earnestly looking for job but are unable to find one are said to be unemployed. 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.

There are various factors that lead to the problem of unemployment in the country. These include:

Slow Industrial Growth
Rapid Increase in Population
Focus on Theoretical Education
Fall in Cottage Industries
Lack of alternative employment opportunities for the agricultural workers
Technological Advancement

Unemployment does not impact only the individuals but also the growth of the country. It has a negative impact on social and economic growth of the country. Here are some of the consequences of unemployment:

Increase in crime rate
Poor standard of living
Loss of skill
Political instability
Mental health issues
Slow economic growth

Surprisingly, despite the negative repercussions it has on the society, unemployment is one of the most overlooked issues in India. The government has taken certain steps to control the problem; however, these have not been effective enough. The government should not just initiate programs to control this problem but also keep a check on their effectiveness and revise them if need be.

Unemployment Essay 2 (300 words)

Introduction

Unemployment is a curse to the society. It does not only impact the individuals but also the society as a whole. There are a number of factors that lead to unemployment. Here is a look at these factors in detail and also the possible solutions to control this problem.

Factors Leading to Unemployment in India

Growth in Population

The rapid growth in the population of the country is one of the leading causes of unemployment.

Slow Economic Growth

Slow economic growth of the country results in lesser employment opportunities for people, thereby leading to unemployment.

Seasonal Occupation

Large part of the country’s population is engaged in the agricultural sector. With this being a seasonal occupation, it provides work opportunity only for a certain part of the year.

Slow Growth of Industrial Sector

The growth of industrial sector in the country is slow. Thus, the employment opportunities in this sector are limited.

Fall in Cottage Industry

The production in cottage industry has fallen drastically and this has left several artisans unemployed.

Possible Solutions to Eradicate Unemployment

Population Control

It is high time the government of India should take stern steps to control the population of the country.

Education System

The education system in India focuses majorly on the theoretical aspects rather than skill development. The system must be improved to generate skilled manpower.

Industrialization

The government must take steps to boost the industrial sector to create greater opportunities for people.

Overseas Companies

The government must encourage foreign companies to open their units in the country to generate more employment opportunities.

Employment Opportunities

Employment opportunities must be created in rural areas for seasonally unemployed people.

The problem of unemployment in the country has persisted since long. While the government has launched several programmes for employment generation, desirable progress has not been achieved. The policy-makers and the citizens should make collective efforts in creating more jobs as well as acquiring the right skill-set for employability.

Unemployment Essay 3 (400 words)

Unemployment in India can be divided into many categories including disguised unemployment, open unemployment, educated unemployment, cyclic unemployment, seasonal unemployment, technological unemployment, underemployment, structural unemployment, frictional unemployment, chronic unemployment and casual unemployment. Before leaning about these types of unemployment in detail let us understand as to who exactly is said to be unemployed. It is basically a person who is willing to work and is seeking an employment opportunity, however, is unable to find one. Those who choose to remain unemployed voluntarily or are unable to work due to some physical or mental health issue are not counted as unemployed.

Here is a detailed look at the different types of unemployment:

Disguised Unemployment

When more than the required numbers of people are employed at a place, it is said to be disguised unemployment. Removing these people does not impact the productivity.

Seasonal Unemployment

As the term suggests, this is the type of unemployment that is seen during certain seasons of the year. The industries mostly affected by seasonal unemployment include the agricultural industry, resorts and ice factories, to name a few.

Open Unemployment

This is when a vast number of labourers are unable to seek a job that provides them regular income. The problem occurs as the labour force increases at a much greater rate compared to the economy’s growth rate.

Technological Unemployment

The use of technological equipments has also led to unemployment by reducing the requirement of manual labour.

Structural Unemployment

This kind of unemployment occurs because of a major change in the country’s economic structure. This is said to be a result of technological advancement and economic development.

Cyclic Unemployment

A reduction in the overall level of business activities leads to cyclic unemployment. However, the phenomenon is short-run.

Educated Unemployment

Inability to find a suitable job, lack of employable skill and flawed education system are some of the reasons why the educated lot remains unemployed.

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.

Frictional Unemployment

This occurs when the demand of labour force and its supply are not synced appropriately.

Chronic Unemployment

This is long-term unemployment that continues in a country due to the rapid increase in population and low level of economic development.

Casual Unemployment

This may occur because of a sudden fall in demand, short-term contracts or shortage of raw material.

Though the government has launched several programmes to control each type of unemployment, however, the results are far from satisfactory. The government needs to devise more effective strategies for employment generation.

Unemployment Essay 4 (500 words)

Unemployment is a serious problem. There are a number of factors including lack of education, lack of employment opportunities, lack of skill, performance issues and increasing population rate that lead to this issue in India. Unemployment has a number of negative repercussions on the individuals as well as the country as a whole. The government has taken several initiatives to control this problem. Some of these are mentioned here in detail.

Government Initiatives to Reduce Unemployment

Training for Self Employment

Launched in 1979, the program was named, National Scheme of Training of Rural Youth for Self Employment (TRYSEM). It is aimed at reducing unemployment among the youth in the rural areas.

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. A sum of Rs. 312 crore was spent on this programme and as many as 182 lakh families benefited from it.

Employment in Foreign Countries

The government helps people get employment in overseas companies. Special agencies have been established to hire people for work in other countries.

Small and Cottage Industries

In an attempt to reduce the issue of unemployment, the government has also developed small and cottage industries. Several people are making their living with this initiative.

The Swaran Jayanti Rozgar Yojana

This program is aimed at providing self-employment as well as wage-employment opportunities to the urban population. 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. It provided unskilled manual work for 100 days to the poor unemployed people living in rural areas.

Drought Prone Area Programme (DPAP)

The program was started in 13 states and covered as many as 70 drought-prone districts with an aim to remove seasonal unemployment. In its seventh plan, the government spent Rs. 474 crore.

Jawahar Rozgar Yojana

The program launched in April 1989 aimed at providing employment to a minimum of one member in each poor rural family for a period of fifty to hundred days a year. The employment opportunity is provided in the person’s vicinity and 30% of these opportunities are reserved for women.

Nehru Rozgar Yojana (NRY)

There are a total of three schemes under this program. Under the first scheme, the urban poor are given subsidy to establish micro enterprises. Under the second scheme, wage-employment is arranged for labourers in cities having a population of less than 10 lakh. Under the third scheme, urban poor in the cities are given employment opportunities matching their skills.

Employment Guarantee Scheme

Unemployed people are provided economic assistance under this scheme. It has been launched in a number of states including Kerala, Maharashtra, Rajasthan, etc.

Apart from this, many other similar programs have been launched to reduce unemployment.

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.

Unemployment Essay 5 (600 words)

Unemployment is a grave issue. There are a number of factors that lead to it. Some of these include lack of proper education, lack of good skill set, inability to perform, lack of good employment opportunities and rapidly increasing population. Here is a look at the unemployment statics in the country, the consequences of unemployment and the measures taken by the government to control it.

Unemployment: Statistics in India

The Ministry of Labour and Employment of India keeps the records of unemployment in the country. 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.

India saw an average of 7.32 percent unemployment rate from 1983 to 2013 with a highest of 9.40 percent in the year 2009 and a record low of 4.90 percent in 2013. In the year 2015-16, the unemployment rate shot up significantly with 8.7 per cent for women and 4.3 per cent for men.

Consequences of Unemployment

Unemployment leads to serious socio-economic issues. It does not only impact the individuals but the society as a whole. 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. Unemployment is largely responsible for hampering the economic growth of the country.

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. One of the main causes of rapidly increasing cases of theft, robbery and other heinous crimes is unemployment.

Exploitation of Labour

Employees usually take advantage of scarcity of jobs in the market by offering low wages. Unable to find a job matching their skill people usually settle for a low-paying job. Employees are also forced to work for more than the set number of hours each day.

Political Instability

Lack of employment opportunities results in loss of faith in the government and this often leads to political instability.

Mental Health

The dissatisfaction level among unemployed people increases and it can gradually lead to anxiety, depression and other mental health problems.

Loss of Skill

Staying out of job for long period of time makes one dull and eventually results in the loss of skill. It also lowers a person’s self confidence to a large extent.

The government of India has taken several initiatives to reduce the problem of unemployment as well as to help the unemployed lot in the country. 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 Minister’s Integrated Urban Poverty Eradication Program (PMIUPEP) Development of Organized Sector, Employment Exchanges, Employment in Foreign Countries, Small and Cottage Industries, Employment Guarantee Scheme and Jawahar Gram Samridhi Yojana, to name a few.

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.

Unemployment is the root cause of various problems in the society. While the government has taken initiatives to reduce this problem, the measures taken are not effective enough. The various factors causing this problem must be studied well to look for effective and integrated solutions for the same. It is time the government should recognize the sensitivity of the matter and take some serious steps to reduce it.

Related Information on Hindi

Essay on Unemployment

The three basic needs of human beings are - food, home and clothing. All these needs can be properly fulfilled only if a person has money. And to earn this money, the person must be employed, that is, he or she must have a paid occupation. However, there are many people in the world and our country too who have failed to secure a job. As a result, they have an insignificant source of income. This state of joblessness is called unemployment.

Why Unemployment is a Serious Issue?

To live a dignified life, people need to earn money and fulfil their basic needs. Unemployment snatches this right from them and their standard of life gets degraded.

The lack of money due to unemployment leads to the lack of nutritious food. The health of the unemployed is bound to deteriorate. The children of unemployed people cannot get the proper diet. Hence, they suffer from various illnesses. Their quality of life reduces drastically over time.

An unemployed parent cannot give proper education to his child. As a result, the child too will not be able to get a good job once he grows up. Thus, unemployment breeds unemployment.

Unemployment and Social Instability

An unemployed person is open to doing socially unacceptable work to get money. Thus, very often in a society where there are a huge number of unemployed people, there will be a great proliferation of thieves, snatchers, bank-robbers and much more serious anti-social elements.

Covid-19 & Unemployment in India and the World

In March 2020, India entered into lockdown to stop the spread of Coronavirus. While the lockdown was effective, hundreds of people got jobless because of the prolonged shutdown of the offices. The unemployment rate has climbed up to 27.1% in April. Sure, once the offices are opened, this rate will come down. However, this grim scenario will haunt us for at least one year.

The situation in other countries is the same. 30 million people in the US have filed unemployment claims. The unemployment rate, there, is 14.7%. In the UK the number of unemployment claims has shot up by 70%.

How Can We Come Out of The Muck?

1. Self-Dependence

As the Prime Minister of India proclaimed, the Indians need to be self-dependent. We need more vocational training. Gone are the days when being employed meant being an engineer or a doctor. A farmer is an employed person. He produces his food and that of the others. There is no shame in being a farmer. We have to stop depending on foreign countries for IT work - Let us open more startups. Why do we depend on China for Diwali firecrackers or Holi colors - We can make them ourselves. Self-help is the best help.

2. Shifting The Manufacturing To India

To create more jobs, India needs to make more manufacturing hubs in the country. Let us not just assemble the Smartphone parts, let us scour the mineral-rich country and take out silicon to make circuit boards.

3. Educating The Women

There is a real connection between the lack of education and unemployment. To educate the children of the country, we first need to educate the women of the country. Only then can the children be educated properly.

4. Stopping Politics Based On Religion And Region

Stopping petty politics is the need of the hour. The politicians need to work in a concerted way to make Indians employed.

As Charlie Chaplin said, there is no glory in poverty. Let us not pride ourselves on being compromising. Let us remain hungry for a better life. Let’s get employed.

FAQs on Unemployment Essay

1. What are the types of unemployment prevalent in the world?

Unemployment is a serious issue across the globe and is of four major different types, that is, demand deficient unemployment, frictional unemployment, structural unemployment, and voluntary unemployment.

Demand deficient unemployment: it is the biggest form of unemployment occurring generally during a recession. A recession is a period when the demand for a certain product in the market decreases, and in reaction to that company reduces its production and cuts down on the workforce.

Frictional unemployment: it is a stage of unemployment where the worker by his own will is searching for a job that is more suitable for his/ her skills and also pays him equal to or more than what he was getting in his previous workplace.

Structural unemployment: In this particular unemployment, geographical location acts as a barrier or the skill set of a worker is not following the skills desired by the jobs available in the market.

Voluntary unemployment: this type of unemployment is by the will of the worker because the worker leaves his/ her job on his own because the pay he is getting is less than his cost of living.

2. What are the causes of unemployment?

Unemployment is a global concern across the globe. Unemployment can be due to any possible reason. Unemployment doesn’t need to be from the employer side only, it can even be from the demand side, that is the demand of the product is low, therefore production is reduced due to which the workforce is also cut down. Unemployment is also from the worker side, that is, the current job doesn't pay him well according to his skill set or the current job is not much of his desired skills. In both these cases, the worker himself leaves his job.

3. What is meant by long-term unemployment and short-term unemployment?

Long-term unemployment refers to the phase of unemployment that lasts for more than 27 weeks, that is 189 days. Short-term unemployment refers to a state where the individual is not unemployed for more than a month and gets a new job very quickly. Long-term unemployment is very dangerous as compared to short-term unemployment and has adverse effects on the economic condition of an individual because of obvious reasons. The main effects of long-term unemployment on an employee are:

There is a significant decrease in the net worth reported in almost 56% of the long-term unemployment cases.

Unemployment not only affects the financial status but family relations as well, 46% of the cases of unemployment experienced strained family relationships.

Unemployment also poses an adverse effect on the career growth of individuals. Almost 43% of the long-term unemployed have observed a drastic effect on their ability to achieve their desired career goals.

Apart from financial and effect on career, long-term unemployment also affects the self-respect of individuals that was reported among approximately 38% of cases of long-term unemployment. Out of these 38% cases, 24% cases required professional help to come back to normal.

4. What are the major reasons that cause unemployment?

Unemployment can persist in a country due to many different reasons.

One of the main reasons for unemployment is population growth because an exponential increase in population has given rise to higher rates of unemployment. After all, the number of people looking for a job is increasing but the jobs available in the market are constant or are not increasing significantly as compared to the rate of population growth.

Due to the rapid growth of technology on a global scale, most of the work that was done through human interference is now carried out through machines and technologies. The advancement in technology has completely replaced the unskilled and low-skilled labourers in factories and companies. All factories now prefer technology over labour simply because technologies are more accurate and fast.

Lack of education and desired skills is another major cause of unemployment. Currently, with technologies driving the world, the demand for skilled and educated workers has increased and the employment opportunities for people without adequate education have decreased, raising the unemployment rate of the country.

Also, the rising pay scale sometimes makes it difficult for companies to hire employees and pay them the optimum salary.

5. What are the initiatives taken by the government to deal with increasing rates of unemployment?

The government has taken the issue of unemployment very seriously. There are various programs, schemes, and initiatives taken by the government to deal with this situation efficiently. Some of the schemes started by the government to reduce unemployment are Integrated Rural Development Program (IRDP), Drought Prone Area Program (DPAP), Employment Assurance Scheme, Jawahar Rozgar Yojna, Nehru Rozgar Yojna (NRY), Prime Minister’s Integrated Urban Poverty Eradication Program (PMIUPEP), Jawahar Gram Samridhi Yojna, employment guarantee scheme, employment exchange, promoting small and cottage industries and development of the organized sector. There are many more schemes launched by the government apart from the ones mentioned here. Also, apart from schemes, the government has launched training for self-employment and skill India program, to help individuals learn skills which can help them in finding a satisfactory job for themselves and their families.

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AP®︎/College Macroeconomics

Course: ap®︎/college macroeconomics > unit 2.

Unemployment rate primer
Natural, cyclical, structural, and frictional unemployment rates
Worked free response question on unemployment

Lesson summary: Unemployment

Unemployment
Types of unemployment and the natural rate of unemployment

Lesson overview

Key takeaways, the labor force participation rate (lfpr), limitations of the unemployment rate, three types of unemployment, the natural rate of unemployment, changes in the natural rate of unemployment (nru), key equations, the labor force:, the unemployment rate (ur), common misperceptions.

Not everyone who is out of work is unemployed. In order to be counted as unemployed you have to be out of work, looking for work, and able to accept a job if one is offered to you. If you are out of work and not looking, then you are considered “not in the labor force” rather than unemployed.
We tend to think of unemployment as an undesirable thing, but a certain amount of unemployment is actually part of a healthy economy. Structural unemployment occurs when new industries are created and old industries become obsolete. For example, when we moved from using horses and buggies to using cars to get around, this put a lot of buggy makers in the structurally unemployed category.
Frictional unemployment might not seem very fun, but consider what it means to have zero unemployment—nobody ever looks for a job, they just remain in whatever job they are given! In fact, a number of dystopian novels have been written in which everyone in a society is automatically assigned a fixed career (such as the Divergent series). Those societies have zero frictional unemployment, but they are also quite unpleasant if you are unhappy with that career!
A decrease in the unemployment rate isn’t necessarily a sign of an improving economy. When people stop looking for jobs and drop out of the labor force as discouraged workers, the unemployment rate will decrease even though the true employment situation hasn’t gotten any better. This is why it is important to look at both changes in the unemployment rate and changes in the labor force participation rate. Looking at both changes let’s you get a more complete idea about changes in the employment situation.

Discussion Questions:

An inventor in Burginville developed a fantastic new dictation machine that perfectly records speech and turns it into a typed document. Unfortunately, that meant that unemployment increased among typists working in offices. Which type of unemployment is this? Explain. Solution, please. This is structural unemployment because typists skills are no longer desired. The changing structure of office work has resulted in people losing their jobs.
The nation of Fitlandia has 120 , 000 ‍ people. Of these, 20 , 000 ‍ are children under the age of 16, 72,000 ‍ have jobs, 8,000 ‍ don’t have jobs and are looking for work, and 20,000 ‍ people are retired. Assuming that these are all noninstitutionalized civilians, calculate the labor force participation rate and the unemployment rate. I think I got it. Can I check my work? L F = # Employed + # Unemployed = 72,000 + 8,000 = 80,000 L F P R = L F Eligible Population × 100 % = 80,000 100,000 × 100 % = 80 % U R = # Unemployed # Labor Force × 100 % = 8,000 80,000 × 100 % = 10 % ‍
Explain why a decrease in the unemployment rate can actually signal a tough job market.

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The Best Essay on Unemployment | Macroeconomics

Here is an essay on ‘Unemployment’ for class 8, 9, 10, 11 and 12. Find paragraphs, long and short essays on ‘Unemployment’ especially written for school and college students.

Unemployment can be divided into different types according to the reasons for its occurrence. For example, there is frictional unemployment, which arises when a person is temporarily unemployed while moving between jobs. Similarly, there is structural unemployment, when people find their skills are not employable because they have become technologically redundant or there is no demand for them in certain regions of the country where they live.

These types of unemployment are easy to explain. By comparison, there is an enduring controversy associated with the attempts to unravel what, if any, are the differences between classical and Keynesian unemployment. The classical economists believed in the Say’s Law of Markets and in wage-price flexibility. The operation of the Say’s Law (which states that demand creates its own supply) and sufficient wage-price flexibility, they believed, would ensure automatic full employment.

Thus, in the classical theory, there was no possibility of unemployment. If there occurred any unemployment it would be of a purely temporary nature. The cause of such unemployment was too high a real wage. And such unemployment would disappear quickly due to fall in real wage.

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The intuition behind the classicists’ analysis of unemployment comes from the standard apparatus of supply and demand curves. They have reached the conclusion that if the labour market does not equilibrate, it must be because the price, i.e., the real wage, is set at an inappropriate (and not at the market-clearing) level.

The demand for labour originates from the profit-maximising decisions of firms. Under competitive conditions, this leads firms to equate the real wage with the marginal product of labour. Hence the demand for labour schedule is a direct reflection of the marginal physical product of labour (MPP L ) function.

With a well-behaved aggregate production function, the MPP L will be a decreasing function of the level of employment, and so the demand for labour varies inversely with the real wage. Consequently, if the supply of labour exceeds the demand and there is a problem of unemployment, then the solution lies with a fall in the real wage as this will increase the quantity of labour demanded and close the unemployment gap.

In his General Theory Keynes disputed the classical analysis of unemployment and the associated policy prescriptions. He introduced the concept of involuntary unemployment that had something to do with inadequate demand in final commodity markets and which could be remedied with the management of demand by fiscal policy and possibly by monetary policy too.

In explaining the cause of unemployment, Keynes focuses on the role of nominal wage inflexibility. In his view, unemployment results from an inflexible money wage which prevents the real wage from adjusting downwards to increase the demand for labour. Thus the unemployment problem originates from an inappropriate real wage.

According to Keynes, the equality of the real wage to the marginal disutility of employment corresponds to the absence of ‘involuntary’ unemployment. (Keynes makes the simplification that the marginal utility of income is constant so that the marginal disutility of employment is the same as the marginal rate of substitution of income for leisure.) Keynes excluded frictional unemployment from involuntary unemployment.

However, it is important to note that Keynes also excluded unemployment “due to the refusal or inability of a unit of labour, as a result of legislation or social practices or of a combination for collective bargaining or of a slow response to change or of mere human obstinacy, to accept a reward corresponding to the value of the product attributable to its marginal productivity”.

Thus, Keynes chose to exclude union wage differentials as well as minimum wage legislation as sources of involuntary unemployment. Clearly, Keynes wanted to focus on a particular type of involuntary unemployment.

Don Patinkin also used the static labour supply definition in his well-known analysis of involuntary unemployment:

The norm of reference to be used in defining involuntary unemployment is the supply curve for labour as long as workers are ‘on their labour supply curve’—that is, as long as they succeed in selling all the labour they want to at the prevailing real wage rate—a state of full employment will be said to exist in the economy.

The above definition of involuntary unemployment based on the labour supply curve was used by the ‘classical’ economists. For example, in 1914 A. C. Pigou proposed measuring involuntary unemployment of a group of persons by the number of hours that these persons would have been willing to provide at the current rate of wages under current conditions of employment.

According to Keynes, however, classical theories (such as Pigou’s) did not admit the possibility of involuntary unemployment by union wage differentials or minimum wage legislation. But Keynes chose to classify this as voluntary.

The Natural Rate of Unemployment (NRU) :

There are two conceptually’ separate reasons why the real wage may fail to adjust to the competitive equilibrium value. Firstly, the institutions of the economy may not correspond to those of a competitive economy: information may be costly, there may be traces of monopoly, etc.

Within this institutional context, markets are assumed to clear and the associated level of unemployment is termed as the ‘natural’ rate of unemployment.

In the language of Milton Friedman:

“The ‘natural rate of unemployment’ is the level that would be ground out by the Walrasian system of general equilibrium equations, provided there is embedded in them the actual structural characteristics of the labour and commodity markets, including market imperfections, stochastic variability in demands and supplies, cost of gathering information and so on”.

Consequently, one way that unemployment might be tackled is through policies which attempt to lower the ‘natural’ rate by removing market imperfections.

A ‘natural’ rate of unemployment is the level of unemployment where inflation is anticipated. For this reason the term the non-accelerating inflation rate of unemployment (NAIRU) is often preferred to the title ‘natural’ to describe the level of unemployment.

The current view is that the natural rate of unemployment is the rate towards which the dynamic system is converging for a given underlying general equilibrium stochastic structure. It takes into account the actual structural characteristics of the labour and commodity markets, including market imperfections, search and mobility costs.

In simple terms, it may be regarded as that level of unemployment which nonetheless remains at full employment.

In truth, NRU is essentially a long-term phenomenon. It is the rate of unemployment towards which the economy gravitates in the long run, subject to the existing imperfections in the labour market which make it difficult for workers to find jobs easily and quickly.

According to Milton Friedman who introduced the term ‘natural rate’ argues that the term ‘natural’ is useful in separating the real forces from the monetary sources. Viewed from this perspective an important feature of the natural rate as emphasised by Friedman (1968) and E. Phelps (1967, 1970) is that it does not correspond to any particular rate of inflation. For any appropriately defined long run, the key implication of this is that there is no long-run trade-off between inflation and unemployment.

Following the Friedman lead, the natural and cyclical rates of unemployment are most often treated as separate and independent components. According to this view, cyclical unemployment is characterised as being included by temporary fluctuations in conditions resulting in temporary deviations of the actual rate from the natural rate of unemployment.

Empirical evidence, however suggests considerable covariance between cyclical and structural unemployment. For example, structural unemployment is likely to increase during recessions since firms in declining industries may find it optimal to accelerate eventual reductions in their labour force at such times. Significant covariance’s of this sort raise fundamental questions about the causality of unemployment as well as whether the natural rate of unemployment is an operative concept.

Since structural unemployment is most often interpreted as a component of the natural rate, this raises serious questions about whether natural and cyclical rates of unemployment are separate, independent and indentifiable components.

To sum up, there are two features of the NRU. Firstly, it is an inherently dynamic concept. Secondly, the natural rate is clearly not a fixed and immutable constant. Variations in the composition of the labour force, the rate of structural change, the flow of information and other factors affecting labour force mobility will change the natural rate.

There is widespread agreement in macroeconomics that when there are informational inadequacies leading to sticky prices and difficulties in forming expectations, unemployment may deviate from its ‘natural’ level.

According to Friedman, the government’s demand management policies may influence the ‘natural’ rate. He argues that the variability of inflation is directly related to the level of inflation.

So, more noise enters into price signals at higher rates of inflation with the result that the ‘natural’ rate rises with the rate of inflation,

In 1980 Tobin argued that “the operational NAIRU gravitates towards the average rate of unemployment actually experienced. Among the mechanisms which produce that result are improvements in unemployment compensation and other benefits enacted in response to higher unemployment, loss of on-the-job training and employability by the unemployed, defections to the informal and illegal economy, and a slowdown in capital formation as business firms lowers their estimates of needed capacity.”

If such hysteresis effects are accepted, then an expansionary demand policy — which leaves unemployment ‘temporarily’ below the ‘natural rate — will have a permanent influence because it contributes to reducing the ‘natural’ rate itself.

Job Search and Frictional Unemployment :

In recent years economists have been concerned with frictional unemployment. One proximate cause of unemployment is the mismatch between workers and jobs. Since labour is not homogeneous, a job loss does not immediately lead to job finding. Workers who are laid-off do not find a job easily and quickly.

Job finding itself is a resource-consuming and a time-consuming endeavour. The unemployment caused both the time required by a worker is called frictional unemployment. Such unemployment occurs because we do not live in the wonderful world of the classical economists.

It occurs because information about job availability is not freely available to workers and, even when it is available, it is imperfect. Moreover, workers are not geographically mobile. There are various barriers to labour mobility.

These two factors conjointly reduce the rate of job finding. Moreover, since workers differ in their abilities and performances and jobs also differ in their characteristics (in terms of rewards and sacrifices) different jobs require different skills and offer different wages. This is why an unemployed worker prefers to spend time and money to search out a job of his liking rather than accepting any job that comes along the line.

Frictional unemployment is also related to shift unemployment. Some unemployment occurs due to shifts in demand for consumer goods used by households and producer (capital) goods used by firms.

Since the demand for labour is an indirect (derived) demand, change in the pattern of demand for goods leads to a change in the demand for labour that is required to produce those goods.

Likewise, since different regions of a country produce different goods, the demand for labour may rise in one region (such as Maharashtra or Gujarat) and fall in another region (Orissa or Bihar). Such unemployment caused by a change in the composition of demand among industries or regions is called shift unemployment.

This is another type of frictional unemployment. Since sectorial shifts are occurring all the time in a dynamic economy, and since workers take some time to move from one sector to another due to lack of marketable skill or adequate information, frictional unemployment is a rule rather than an exception.

Frictional unemployment occurs for various other reasons, for example, when old firms face problems of demand recession (such as the workers of Hindustan Motors), when workers’ job performance is inadequate when judged by any standard, and when workers’ particular skills are not in demand any more. This has happened in cases of silent movie actors or typists or tram drivers in most parts of the world.

Frictional unemployment also occurs when workers voluntarily leave their jobs or move from one part of the country to another part (and try to search out better jobs).

Frictional unemployment occurs due to inter-sectoral imbalance between demand and supply forces, i.e., where there is excess supply of labour in one sector offering higher wages due to the fact that some workers from numerous low-paying sectors have crowded the few high- paying sectors.

Efficiency Wage :

A proximate cause of real wage rigidity and involuntary unemployment is associated with the efficiency wage theory. This concept is based on the famous Marshallian concept — the economy of high wages. Marshall first hypothesized that high wages promote efficiency and low wages retard it.

The idea was put into effect in the American manufacturing industry by Henry Ford who followed the practice of giving higher than the prevailing market wage so that the rate of labour turnover came down to a minimum. Ford’s basic objective was to ensure that his most productive workers did not quit after a short association with the organisation.

The efficiency wage theory explains why firms do not cut wages even when there is excess supply of labour. The theory is based on the belief that a wage cut would lower a firm’s wage bill no doubt, but it would also reduce a firm’s profits by lowering worker efficiency.

Various explanations have been offered to explain how wages affect labour productivity:

(i) Improved Health and Enhanced Productivity:

In less developed countries like India, high wages enable workers to improve their health by having a more nutritional diet. Healthy workers are usually found to be more productive than half-fed worker. So, it is in the Tightness of things to give workers a wage above the equilibrium level in order to maintain a healthy work force.

(ii) Low Labour Turnover:

The higher the wage rate, the stronger the incentive of workers to stay with the firm. If the quit rate can be reduced to a minimum, a firm can achieve economy in terms of the time spent recruiting and training new workers.

(iii) Reducing Adverse Selection:

The overall quality of a firm’s labour force depends on the wages it pays to its employees. A wage cut will force a firm’s best workers to take jobs elsewhere in other firms, leaving the firm with inferior employees who have hardly any opportunity outside the firm. This is an example of adverse selection since workers are more informed about their alternative opportunities outside the firm than the firm (the employer).

This is also known as hidden characteristics. So by paying a low wage, a firm may take the risk of hiring inferior workers (who do not have any opportunity outside the firm). One way of reducing adverse selection is to pay a wage above the equilibrium level. This improves the average quality of the work force. So, labour productivity automatically improves.

(iv) Overcoming the Moral Hazard Problem:

High wages also improve worker effort. The truth is that it is not always possible to monitor the work effort of employees. It is the task of the employees themselves to decide how hard to work. This is known as moral hazard, also known as the hidden action.

This refers to the hidden tendency of workers to put sub-optimal effort if their activities are not perfectly monitored. One way of reducing this moral hazard problem is to pay a high wage. The higher the wage, the higher the cost of the worker of being dismissed.

One way of increasing labour productivity is to pay a higher than market wage. This induces more and more of a firm’s employees not to shirk. The common theme of various efficiency wage theories (presented above in a summary form) is that by paying its workers a high wage, a firm can operate more efficiently.

This is why many firms choose to pay more than the market clearing wage. This induces workers to stay with their firms and not to engage in job search activities. But efficiency wage increases the magnitude of involuntary unemployment and creates real wage rigidity.

Economic Insight: Four Models of Efficiency Wage:

There are four models of efficiency wage. The common feature of all the models is that higher than competitive wage can be profitable. All the models are based on the hypothesis that output depends on worker effort and effort, in its turn, varies directly with the wage rate. The more a firm pays, the more effort it gets.

The models originating from the presumed source of positive effort-wage relationship are of the four types:

1. Shirking Models:

In most jobs, workers enjoy some discretion in deciding how hard they work. Piece rates are often impractical because it is not only difficult but virtually impossible to count the “pieces” and counting is costly. In the shirking models, firms pay above the market wages, engage in some monitoring and fire those workers caught shirking.

By paying above market wages, firms decrease the incentive to shirk, since defection then entails loss of rents. According to shirking models, high wage industries are those with high monitoring costs and/ or industries which bear a relatively high cost of employee shirking.

2. Turnover Models:

Firms may also wish to pay above market clearing wages to reduce turnover. High wages are paid to reduce quits. So it follows, by deduction, that the high-wage industries are those in which turnover costs are the highest.

3. Adverse Selection Models:

According to these models, employers cannot gain an insight into the ability of workers, either as potential entrants or on the job, in a costless fashion. It is assumed that the average quality of the applicant pool increases with the wage rate. The main prediction of these models is that industries which are more sensitive to quality differences, or have higher costs of measuring quality, will offer higher wages.

4. Fair-Wage Models:

The premise of these models is that workers will exert more effort if they feel that they are being treated fairly. This premise gives firms an incentive to pay wages above competitive levels whenever their workers’ perceived fair wage exceeds the competitive wage.

If workers believe that fairness requires firms to share rents with employees, then fair wage models predict that industries with high profits will be those which pay high wages. In Fig. 1, we show profit-wage trade-off. In short, industries’ high wages lead to low profits as is shown by the profit-wage curve pw 1 .

If the wage rate is pushed up from w 1 to w 2 , the rate of profit falls from π 1 to π 0 . In other industries high wages lead to high profit as shown by the curve pw 2 . If the wage rate is pushed up from w 1 to w 2 , the rate of profit goes up from to π 0 to π 1 .

The fair wage models also predict high wages in industries where teamwork and worker expectations are particularly important. However, the four models are not mutually exclusive. Firms might well pay above competitive wages to reduce shirking and, thus, attract high-quality applicants and improve worker morale.

Effect of Minimum Wage on Employment :

Since the government does not hire surplus labour in the way it buys surplus agricultural output, a labour surplus takes the form of unemployment which tends to be higher under minimum wage laws than in a free market. In general, those whose employment prospects are reduced most by minimum wage laws are the young, less experienced and less skilled.

As in all cases, a ‘surplus’ is a price phenomenon. Unemployed workers are not surplus in the sense of being useless or in the sense that there is no work for them. Most of these workers are perfectly capable of producing goods and services, even if not to the same extent as more skilled workers. The unemployed are made idle by wage rates artificially set above the level of their productivity.

Moreover, unemployed youth are prevented from acquiring the job skills and experience which could make them more productive—and, therefore, higher earners—in near future. Due to minimum wage laws, unemployment in European countries is higher than that in the USA. Since Switzerland and Hong Kong do not have minimum wage laws, they have very low unemployment rates. In recent years, some countries have allowed their real minimum wage levels to be eroded by inflation.

Major Causes of Unemployment: Job Search and Wage Rigidity
Difference between Voluntary and Involuntary Unemployment
Keynes’ Money-Wage Rigidity Model of Involuntary Unemployment
Unemployment Rate Calculation Formula

EssayBanyan.com – Collections of Essay for Students of all Class in English

Essay on Unemployment

We always used to refer youths as the future of the nation, but what about their future? Every human wants to live a luxurious and peaceful life. All his dreams can only come true when they will be able to earn a healthy livelihood. Every student wishes to get a high-paying job after their studies. But what if they don’t get jobs? Today, the youth are facing the problem of unemployment. This not only affects youths and their family but the entire nation as a whole.

Short and Long Unemployment Essay in English

To highlight the growing issue of unemployment and its consequences, today we will discuss Unemployment in detail. Here, we are presenting short and long essays on Unemployment in English for students under word limits of 100 – 150 Words, 200 – 250 words, and 500 – 600 words. This topic is useful for students of classes 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, and 12 in English. These provided essays on Unemployment will help you to write effective essays, paragraphs, and speeches on this topic.

Unemployment Essay 10 Lines (100 – 150 Words)

1) Unemployment is when qualified people are looking for work but unable to find it.

2) Unemployment is primarily due to the scarcity of job opportunities.

3) Unemployment is one of the biggest things that keep a country from growing.

4) When there is unemployment in society, people lose their skills.

5) Unemployment is caused by several things that work in different ways.

6) Changes in technology cause people to lose their jobs, which leads to unemployment.

7) The country’s industrial sector is growing slowly which can result in unemployment.

8) Unemployment is a big problem in places that haven’t developed much yet.

9) A country with a high unemployment rate faces social and economic problems.

10) We need to plan if we want to get rid of unemployment in the country.

Short Essay on Unemployment (200 – 250 Words)

Introduction

The problem of unemployment is growing drastically. However, it is a bad thing for everyone. Unemployment happens when someone who is actively looking for work can’t find a job. However, the unemployed are those people who want to work but can’t find work. In almost every country, unemployment has become a big problem.

Unemployment: The Serious Issue

Unemployment is a problem in a lot of places around the world. When people lose their jobs, they lose self-confidence, get angry, and have bad feelings about everyday things. When unemployment is high, people buy fewer goods and services and pay less in taxes. This means that the government has to manage the nation’s expenses. When there are more people out of work, there are more crimes. Unemployment not only affects the people who are out of work, but also the growth of the country as a whole.

Reasons of Unemployment

Several things can be blamed for unemployment. First of all, the status of the education sector is getting down. Students have more theoretical knowledge but lack practical knowledge. An unhealthy work environment is another reason that can lead to unemployment in the end. As technology gets better, more tasks are done by machines instead of people, making it unnecessary to hire people.

Unemployment is a big problem that must be fixed in any way possible. This is a problem that needs to be fixed by the government. Policymakers and people should work together to make more jobs and learn the right skills to get hired. To find effective and integrated solutions to this problem, it is important to study the different things that are causing it.

Long Essay on Unemployment (500 Words)

Our country has a lot of good schools, colleges, and universities. Thousands of students graduate from there every year. Then also, the number of people without jobs is going up every day. Unemployment arises when people who want to work but don’t find proper jobs. It doesn’t count people who are voluntarily unemployed or who can’t look for work because of illness.

Types of Unemployment

There are different kinds of unemployment, including:

Hidden unemployment: When people are working less than their potential or their skills are unutilized but counted as employed falls in this category.
Cyclical unemployment: When the overall amount of business activity goes down, this causes cyclical unemployment.
Seasonal unemployment: It happens in jobs like construction, farming, and the tourist trade, where the weather or the calendar determines the demand for work.
Long-term unemployment: It occurs when someone has been out of work for a year or more.
Underemployment: It occurs when a person is overqualified for work or works part-time.
Hardcore unemployment: Hardcore unemployment is a term for people who have been out of work for a long time.
Structured unemployment : It happens when there are too many unemployed people for the number of open jobs.
Frictional unemployment: It happens when there aren’t enough people to fill jobs in the same jobs and the same places.

Causes of Unemployment

The first reason for unemployment is the growing population. This is also because of how our education system works. Our schools and colleges focus more on theoretical knowledge than practical training for jobs. Changes in technology are one of the most important reasons why people lose their jobs. Many employees are unhappy with their jobs. When companies treat people differently based on their caste, religion, race, etc, they make it harder for people to work there.

Effects of Unemployment

Having no job means not having a way to make money. Unemployment is a big problem that slows down both individual and national progress. When people can’t get enough work to meet their needs, crime rates go up. The number of people who are homeless and who are mentally or physically sick is going up. If you don’t have a job for a long time, you get bored and eventually lose your skills.

Unemployment in India

India is a developing country with an economy that isn’t as strong as it could be. Unemployment in India is different from unemployment in developed economies. India’s unemployment problem is not caused by a lack of effective demand. Instead, it is caused by a lack of capital equipment and other resources, along with a high rate of population growth. India has a bigger problem with underemployment than it does with unemployment.

Unemployment is a big problem for all economies. For a developing economy, both the government and individuals need to take steps to increase productivity and raise the standard of living.

I hope the above provided essay on Unemployment will be helpful in understanding the effects and causes of unemployment in a country.

FAQs: Frequently Asked Questions on Unemployment

Ans. The unemployment rate can be defined as the percentage of persons who are actively seeking employment but are unable to find it.

Ans. From April to June 2022, the unemployment rate in urban centers of India was 7.6%.

Ans. Rajasthan is the highest unemployed state in India.

Ans. Maharashtra has the highest employment in India as per 2022 records.

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Essay on Unemployment In India {Short&Long}

Essay on Unemployment: “Unemployment” refers to a condition when a skilled and talented individual seeks a job but he did not manage to get one. Today, no country is free from this issue. Wikipedia has listed 223 Countries with their respective unemployment rates.

As human beings, we are bound to some basic needs of food, shelter and clothing. We need money to fulfil these needs and hence a source of income becomes our necessity. But some factors raise the problem of being unemployed. Therefore, unemployment directly impacts the lives of individuals.

Short Essay On Unemployment | 250 Words

Introduction.

Every next day newspapers publish articles about the problem of unemployment. It is an omnipresent issue around the globe. Reports show that with the growing population, the problem of unemployment is worsening. But only blaming the population growth is unfair because various other factors contribute to this crisis.

Causes of Unemployment

Many causes are observed that promote the issue of unemployment. The very first cause that always draws attention is the growing population. More population means high demand for employment which is not always possible to meet. Some other reasons for unemployment are slow economic growth, seasonal employment, lack of employers and industries etc.

The problem of unemployment directly impacts the lives of individuals in a country. It can lead to poverty in the country when people will not earn enough money to run their daily needs. If we count some other impacts that unemployment can create, there are various such as a rise the criminal activities, exploitation of labour, child labour, unstable political grounds, worsen mental health and loss of skills.

How to Reduce Unemployment

There are many ways to tackle the problem of unemployment. First of all, we need to educate the people of the country about family planning. Second thing, education must be promoted on all levels as education can eradicate the problem of lack of opportunities. Third, The government needs to install industries and small businesses that provide a considerable number of jobs to the people.

In conclusion, unemployment is a critical problem of the present era that needs to be tackled as soon as possible. It can lead to poverty and other social issues in society which will lead to the demise of the country. If we determine something to achieve, there is nothing impossible. So, government and authorities need to put proper efforts into the good future of the country.

500+ Words Essay On Unemployment

One day or another you might have heard about the problem of Unemployment. This problem is not only prevalent in our country but it has spread its root across the globe. Unemployment refers to a condition when a skilled and qualified individual seeks a job but unfortunately, he did not manage to get one.

Sometimes people get a job but these jobs offer them underemployment. Underemployment means when a person is bound to do a job which is not relevant to his qualification. Today, no country is free from this issue. Wikipedia has listed 223 Countries with their respective unemployment rates .

The universe works upon the law of cause and effect. If there is an effect, there must be a cause too. Similarly, unemployment is caused by many reasons listed below.

1. Population Growth-

The growing population tops the list when we talk about the reasons for unemployment. It is very simple to understand that when the population increases, the demand for employment also increases. But this demand is quite difficult to meet.

2. Slow Growth of the economy-

The slow growth of the economy causes unemployment because employers hesitate to hire people at that time to save their funds. The covid pandemic is a good example to understand this cause.

3. Fall in the cottage industry-

Cottage industries provide a considerable number of jobs. But due to some reason, there is been a fall in the cottage industry which cause unemployment.

Consequences

The consequences of unemployment can be very severe. If things did not change soon then unemployment will become a major issue. Unemployment can cause an increase in poverty, an increase in criminal activities, exploitation of labour, an unstable political system, bad health of the nation and inefficient utilization of skills.

How To Reduce Unemployment

We know that if there is a problem, there is a solution too. We just need to infuse the required efforts to solve the problem. Some of the solutions to reduce unemployment are listed below.

1. More Manufacturing Units-

To generate more jobs, the country needs to attract more manufacturing hubs in the country. Currently, we are just assembling the gadgets. We need to deploy plants for self-manufacturing.

2. Making Individuals Self-Dependent –

Gone are the days when being employed meant being an engineer or a doctor. A farmer is also an employed person. He produces the crops for his food and that of the others.

3. More Start-Ups –

There is a need to start up and set up new indigenous businesses which can provide a huge number of jobs and economic growth for the country as well.

To sum it up, Our country is facing the peak of the problem of unemployment. There is a need to address the issue as soon as possible. Our government and authorities are continuously working to reduce the problem of unemployment. The biggest challenge is the growing population. So, we need to find a solution to the uncontrolled growth of the population.

fAQ’S

What are the impacts of unemployment?

Unemployment can lead to the following impacts- 1. Poverty 2. Increase in crime rate 3. Inflation 4. Slow growth of the Economy 5. NPA’s

How to counter the problem of unemployment?

It is a problem that can only be addressed intellectually. People must find alternative sources of employment and income. They should learn new skills that help them acquire employment. The government must encourage start-ups, small, and medium enterprises to generate new jobs.

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Short Essay: Unemployment In India

Unemployment is a complex socio-economic issue that affects individuals, families, and entire nations. In the context of India, unemployment has been a persistent challenge, hindering the country’s development and posing significant social and economic consequences. Writing a short essay on unemployment in India provides an opportunity to delve into the causes, effects, and potential solutions to this pressing issue. This article aims to guide aspiring writers in effectively addressing the topic, highlighting its significance, and presenting a well-structured analysis.

Table of Contents

Unemployment In India Essay Tips

Research and gather information: Begin by conducting comprehensive research on the topic of unemployment in India. Look for reliable sources such as government reports, academic papers, and reputable news sources. Collect relevant data, statistics, and case studies to support your arguments and provide a solid foundation for your essay.

Understand the causes and types of unemployment: Familiarize yourself with the different causes and types of unemployment prevalent in India. This may include structural unemployment, technological unemployment, cyclical unemployment, or youth unemployment. Understanding these factors will enable you to provide a well-rounded analysis of the issue.

Structure your essay: Organize your essay into clear sections with an introduction, body paragraphs, and a conclusion. In the introduction, provide a brief overview of the topic, its significance, and the purpose of your essay. The body paragraphs should address the causes, consequences, and potential solutions to unemployment in India. Use subheadings to clearly separate each section and maintain a logical flow of ideas.

Use data and evidence: Support your arguments with relevant data, statistics, and evidence. This will add credibility to your essay and demonstrate a thorough understanding of the topic. Incorporate case studies or real-life examples to illustrate the impact of unemployment on individuals and communities.

Analyze the socio-economic implications: Discuss the social, economic, and psychological consequences of unemployment in India. Examine how it affects individuals, families, and society as a whole. Explore issues such as poverty, inequality, social unrest, and reduced productivity. Use critical thinking skills to analyze the interconnections and ripple effects of unemployment.

Propose potential solutions: Offer recommendations and potential solutions to address unemployment in India. Consider policy interventions, educational reforms, skill development programs, entrepreneurship promotion, and job creation strategies. Argue for the implementation of comprehensive and sustainable solutions that can tackle the root causes of unemployment.

Provide a balanced perspective: While discussing the negative aspects of unemployment, also acknowledge any positive trends or initiatives taking place in India. Highlight success stories, government programs, or innovative approaches that have effectively tackled unemployment or reduced its impact. This will provide a balanced view of the situation.

Be concise and coherent: Write in a clear, concise, and coherent manner. Avoid unnecessary jargon or complex language that may confuse the reader. Use transition words and phrases to ensure a smooth flow between paragraphs and ideas.

Proofread and revise: After completing your essay, take the time to proofread and revise it carefully. Check for grammar and spelling errors, sentence structure, and overall coherence. Ensure that your arguments are well-supported and that your essay effectively addresses the topic.

Conclude effectively: In your conclusion, summarize the main points discussed in your essay and reiterate the urgency of addressing unemployment in India. End with a thought-provoking statement or a call to action, encouraging readers to consider the implications of unemployment and advocate for positive change.

Unemployment In India Essay Example #1

Unemployment in India remains a significant socio-economic challenge, with far-reaching consequences for individuals and the nation as a whole. With a population of over 1.3 billion people, India faces the daunting task of generating sufficient employment opportunities to meet the needs of its workforce. In this essay, we will explore the causes, consequences, and potential solutions to unemployment in India.

One of the primary causes of unemployment in India is the inadequacy of job creation compared to the growing workforce. The economy has struggled to generate enough employment opportunities to absorb the influx of young job seekers entering the market each year. Additionally, the mismatch between available skills and job requirements exacerbates the problem, leading to structural unemployment.

Technological advancements also contribute to unemployment. Automation and digitization in various industries have resulted in job displacement, particularly in low-skilled sectors. This phenomenon leaves many individuals unemployed, further widening the gap between the demand and supply of jobs.

The consequences of unemployment in India are multi-faceted. Firstly, it perpetuates a cycle of poverty, as individuals and families struggle to meet their basic needs. Unemployment also leads to increased income inequality, further dividing society. Moreover, it hampers economic growth by reducing consumer spending and productivity.

To address unemployment in India, a multi-pronged approach is required. Skill development programs must be prioritized to equip individuals with the necessary competencies for available job opportunities. These programs should align with industry demands and provide practical training to enhance employability.

Entrepreneurship and self-employment initiatives should be encouraged. By promoting a culture of entrepreneurship, individuals can create their own job opportunities and contribute to economic growth. Policies that support small and medium-sized enterprises (SMEs) can play a crucial role in fostering entrepreneurship and job creation.

Government intervention is crucial in tackling unemployment. It should focus on creating an enabling environment for businesses to thrive through industry-friendly policies, investment in infrastructure, and reducing bureaucratic hurdles. Additionally, targeted job creation schemes and public works programs can provide temporary employment opportunities while addressing critical social and infrastructure needs.

In conclusion, unemployment in India is a complex issue that requires comprehensive solutions. Addressing the causes of unemployment, such as inadequate job creation and skill gaps, is essential. By investing in skill development, promoting entrepreneurship, and implementing effective government policies, India can work towards reducing unemployment rates, fostering inclusive growth, and improving the well-being of its citizens.

Unemployment In India Essay Example #2

Unemployment continues to be a pressing concern in India, posing significant challenges to the country’s socio-economic development. With a large and diverse population, creating sufficient employment opportunities is crucial to ensure inclusive growth and address the consequences of joblessness. In this essay, we will explore the causes of unemployment, its impact on individuals and society, and potential solutions.

Several factors contribute to unemployment in India. Firstly, rapid population growth has resulted in an expanding workforce, outpacing job creation. This demographic imbalance creates a surplus of labor, leading to unemployment. Additionally, the lack of adequate educational and vocational training programs leaves many individuals ill-equipped to meet the demands of the job market, resulting in a skills mismatch.

The consequences of unemployment are far-reaching. On an individual level, unemployment leads to financial insecurity, reduced self-esteem, and psychological distress. Families and communities also suffer, as unemployment often perpetuates cycles of poverty, exacerbates social inequalities, and strains social welfare systems. Furthermore, high unemployment rates hinder economic growth, as the untapped potential of a skilled workforce remains unrealized.

Addressing unemployment requires a comprehensive approach. Enhancing education and vocational training is crucial to bridge the skills gap and ensure individuals are equipped for available job opportunities. This includes promoting practical, industry-relevant training programs and fostering collaborations between educational institutions and businesses to align curriculum with market needs.

Promoting entrepreneurship and supporting small-scale industries can also play a significant role in reducing unemployment. Encouraging innovation, providing access to finance, and simplifying regulatory procedures can empower individuals to create their own employment opportunities while contributing to economic growth.

Government initiatives are vital in combating unemployment. Implementing robust industrial policies, attracting foreign investments, and promoting sectors with high employment potential can stimulate job creation. Additionally, public works programs and targeted employment schemes in rural areas can provide temporary employment and support infrastructure development.

Furthermore, fostering a favorable business environment, reducing bureaucratic red tape, and ensuring ease of doing business can attract investments and encourage private sector participation in job creation.

In conclusion, unemployment remains a significant challenge in India, impacting individuals, families, and the overall economy. By addressing the causes of unemployment through education and skill development, promoting entrepreneurship, and implementing effective government policies, India can strive towards reducing unemployment rates, fostering inclusive growth, and creating a more prosperous future for its citizens.

Unemployment In India Essay Example #3

Unemployment in India is a complex issue with profound social and economic implications. It poses a formidable challenge to the country’s development and calls for comprehensive analysis and effective solutions. In this essay, we will explore the causes of unemployment, its consequences, and potential strategies to tackle the problem.

One of the primary causes of unemployment in India is the sluggish pace of job creation. Despite sustained economic growth, the formal job sector has not expanded at a rate sufficient to absorb the growing labor force. This imbalance between job opportunities and the number of job seekers contributes to unemployment. Additionally, the agricultural sector, which employs a significant portion of the population, has been plagued by low productivity and seasonal fluctuations, leading to underemployment and unemployment.

Another factor contributing to unemployment is the mismatch between the skills possessed by job seekers and the skills demanded by employers. Many individuals lack the necessary qualifications or technical expertise required for available positions. This skill gap further exacerbates unemployment, particularly among the youth.

The consequences of unemployment in India are manifold. Individuals who are unable to secure employment face financial hardships, reduced living standards, and limited access to basic necessities. Unemployment also perpetuates social inequality, as marginalized and disadvantaged groups are disproportionately affected. Moreover, the persistent problem of unemployment hampers economic growth, as a large untapped human capital remains unused, leading to wasted potential and decreased productivity.

To address unemployment in India, various strategies can be employed. Enhancing the quality of education and vocational training is crucial to equip individuals with the skills and knowledge needed for the job market. This includes revamping the curriculum to align it with industry requirements and promoting practical, hands-on learning experiences.

Encouraging entrepreneurship and supporting small-scale industries can also be effective in combating unemployment. Entrepreneurial initiatives can empower individuals to create their own employment opportunities and contribute to economic growth. Providing access to finance, simplifying regulatory procedures, and fostering a culture of innovation and risk-taking are essential components of this approach.

Government intervention is vital in addressing unemployment. Implementing pro-employment policies, such as promoting labor-intensive sectors, incentivizing job creation, and facilitating foreign direct investment, can stimulate economic activity and generate employment opportunities. Additionally, targeted social welfare programs and public works schemes can provide temporary relief and support to the unemployed while also addressing infrastructure and development needs.

In conclusion, unemployment in India is a complex issue that requires a multi-faceted approach. By addressing the causes of unemployment through job creation, skill development, entrepreneurship promotion, and government intervention, India can strive towards reducing unemployment rates, fostering inclusive growth, and ensuring a brighter future for its citizens.

About Mr. Greg

Mr. Greg is an English teacher from Edinburgh, Scotland, currently based in Hong Kong. He has over 5 years teaching experience and recently completed his PGCE at the University of Essex Online. In 2013, he graduated from Edinburgh Napier University with a BEng(Hons) in Computing, with a focus on social media.

Mr. Greg’s English Cloud was created in 2020 during the pandemic, aiming to provide students and parents with resources to help facilitate their learning at home.

Whatsapp: +85259609792

[email protected]

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Short Essay on Unemployment in India

Category: Essays and Paragraphs On February 15, 2019 By Various Contributors

Unemployment in India – Short Essay 1.

Unemployment refers to a circumstance where people looking for jobs are unable to get work. It ’is the condition of not being able to find sustainable paid work.

In other words, when skilled labor is left competing for jobs because of less demand for labor or excess supply of labor, and a large number fails to find suitable jobs, the economy can be said to be a state of unemployment.

The number of people measures the rate of unemployment in a given country are unable to secure jobs relative to the available people in the job market. The common types of unemployment are Seasonal, Frictional, Cyclical as well as Structural. India is one of the second largest countries in the world in terms of population density. The rate of unemployment in the country is very high owing to the many people who are unable to secure jobs.

Causes of unemployment in India

There are many causes of high unemployment in India among them;

The decline in the operation of small cottage industries
The country witnesses slow progress in terms of industrialization
Another issue is the education system . With a large population with little education the level of skills is limited and then the strain on the unskilled or less skilled labor. There are too many takers for jobs requiring few skills.
Similarly, the strain on agriculture is very high with a large population depending on it for livelihood. The per capita productivity is very low. Lastly, the migration to an urban center for non-agricultural jobs puts a heavy strain on the urban infrastructure.
The economic growth of the country is slow in comparison to western countries
The increase in population renders the available resources limited. The population of India is very high resulting in an excessive supply of labor. Although population is a socio-economic indicator, it is a statistic that affects the economy adversely for the very same reason, e. the lower socio-economic strata of the society demonstrate a higher tendency towards population increase.

Despite the country boasting of many qualified professionals in many areas such as engineering and medicine, a large number of people are illiterate or less educated. Many of them are unable to secure employment in well-established organizations.

The society needs to take efforts to cut down on the population growth and to provide education and training towards the sectors that have a high labor quotient.

By Teamwork

Unemployment in India – Short Essay 2

Unemployment is a serious problem in India. Those who are unemployed lack the power to purchase and this brings the demand for goods in the market down. Unemployment rate in India is higher among women than men.

Economic growth without adequate employment opportunities . India’s Gross Domestic Product is said to be at 7.5% but this does not always translate to jobs.
Although literacy levels have risen up over the decade the still remains fundamental flaws in the education system in India.
Rapid population growth is a major cause of unemployment in India. Over the past 10 years the population has risen by more than 136 million and unemployment rate has also gone higher.

Solutions to reduce unemployment rate in India

Increased industrialization. Increased number of industries in India translates effectively into more employment opportunities .
Emphasis on vocational and technical training in universities and colleges.
Encouraging self-employment . The government should help the citizen by funding their projects.
Improvement of infrastructure in agriculture.
Inviting larger capital
Focused policy implementation.

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Guest Essay

This Is the Best Way for Biden to Talk About the Economy

Joe Biden in casual clothing and speaking into a megaphone.

Mr. Wu is a law professor at Columbia, a contributing Opinion writer and the author of “The Curse of Bigness: Antitrust in the New Gilded Age.” He served on the National Economic Council as a special assistant to the president for competition and tech policy from 2021 to 2023.

Since the early 2000s, most Americans have generally been dissatisfied with the economy, and many are insecure about their place in it. The dissatisfaction peaked during the Great Recession of 2007 to 2009 but persists, even as the economy is growing and unemployment and inflation combined are roughly where they were during the relatively upbeat days of the Kennedy administration. This is a stubborn, long-term disgruntlement.

Unlike short-term economic dissatisfaction, which lends itself to tinkering with interest rates and budgetary trade-offs, long-term dissatisfaction suggests a deeper, structural problem with the economy that requires more drastic measures. It is perhaps the signature achievement of the Biden administration that it has recognized this problem — specifically, the increasingly centralized, unbalanced nature of economic power in the United States over the past four decades — and is trying to address it.

But this policy wisdom also presents a political challenge. The administration’s strategy is unconventionally bold and far-reaching — an attempt to replace today’s toxic form of capitalism with an earlier, fairer model of free enterprise. Viewed through the narrow lens of conventional economic thinking, that strategy is easily misunderstood or overlooked, perhaps especially by its would-be allies in the political center and on the center-left. Today’s familiar left-right economic debates, for example, in which the left wins by taxing and spending and the right wins by cutting taxes, have precious little to do with the more ambitious vision of President Biden’s administration.

Americans are desperate for a fundamentally different, fairer kind of economy, and Mr. Biden is working to give them one. The urgent challenge, politically, is helping voters understand that.

To appreciate the novelty of the Biden administration’s approach to the economy, it is worth remembering that over the past 40 years the orthodoxy on the center-left has been a tax-and-transfer strategy. It has meant tolerating or even encouraging corporate consolidation and profit while maintaining the expectation that those profits would be redistributed in the service of the less powerful and less well-off. The popular metaphor of a national pie suggested focusing first on growing the pie and then on dividing it up equitably.

This logic has been a favorite of those arguing for deregulation and tax cuts since the 1980s. It was also used extensively to promote the World Trade Organization and free trade policies: The idea was that increased profits would be used to compensate displaced workers later on. Today, the same thinking would permit mergers between credit card companies like Discover and Capital One: Even if they charged higher rates and fees, we could always redistribute the profits later.

The problem is that “later” never seems to come. The pie metaphor has always been misleading: An actual pie must be divided before being eaten. But corporate profits aren’t like that. They go directly to the owners and managers and usually stay there. Redistributing profits requires prying money out of some very strong hands, hands that become stronger the wealthier they get. In a political system in which money talks, the pie will rarely get divided.

The Biden administration, in a break with center-left orthodoxy, seeks to address economic inequality not through taxation and transfers but through policies that allow more people and businesses to earn wealth in the first place. That is the meaning of the somewhat mysterious liberal catchphrase “growing from the middle out.” The goal is not the redistribution but the predistribution of wealth, to use a term popularized by the political scientist Jacob Hacker.

This approach calls for a different kind of capitalism — one that opposes the centralization of economic power and favors a market in which wealth can be earned by people and businesses in a broader set of regions, drawn from a wider array of social classes and involving a more diverse set of industries.

Over the past three years of the Biden administration, you can see this philosophy at work in what may seem like different areas. It is at the heart of the Justice Department’s continuing New Deal-style antimonopoly campaign, which has already prevented dozens of unwise mergers (like the recent proposed acquisition of Spirit Airlines by JetBlue Airways). It undergirds Mr. Biden’s renewed support for organized labor, as well as his worker-centered trade policy and the increasingly combative approach to the economic threat posed by China. It explains the reinvigoration of industrial policy on Capitol Hill, most notably through supporting regional manufacturing like the huge semiconductor factories being built in Arizona by the Taiwan Semiconductor Manufacturing Company. It also underlies the administration’s campaign against junk fees across the economy, including the creation of a rule limiting credit card late fees that will save Americans an estimated $10 billion a year.

These efforts are usually discussed and understood separately. But they share an underlying logic: All are aimed at leveling imbalances of economic power, and all assume that the economy works better for most Americans when it is more competitive and when earning power is more broadly distributed. (I worked on some of these issues on the National Economic Council, where I served as a special assistant to the president for competition and tech policy.)

There is arguably nothing more American than the balancing of power. The authors of the Constitution of the United States believed that unaccountable and centralized power was the chief evil facing any nation. Had the founders been familiar with the modern American corporation, surely they would have wanted to check its power.

Americans understand this instinctually. The National Football League, the nation’s most popular and successful sports league, doesn’t allow the richest organizations in places like New York or Los Angeles to build unbeatable teams. It has developed a structure of competition that rebalances power by way of a draft, salary cap and other techniques. No one thinks it unusual that a small city like Kansas City, Mo., can become a football powerhouse. In its own way, the N.F.L. — widely accepted as fair by Americans — provides a model for the U.S. economy.

When overly focused on metrics like growth and employment, economic analysis can fail to grasp how most Americans actually experience the economy. Most people understand all too well that those in the broad economic middle of the country are having a much harder time than their parents did — and that something went seriously astray starting in the early 2000s. They want a more fundamental kind of economic change.

To succeed in the 2024 election, Mr. Biden needs to convince voters that he has begun a long fight against today’s toxic form of capitalism. He needs them to understand that he is making the economy fairer and more productive. He needs to explain that Donald Trump’s invocations of economic grievance are real and justified but that unlike Mr. Trump — who used those grievances to fuel tribal politics while doling out corporate tax cuts and other giveaways to wealthy friends and donors — he is actually doing something about it.

Tim Wu, a law professor at Columbia, is the author of “The Curse of Bigness: Antitrust in the New Gilded Age.” He served on the National Economic Council as a special assistant to the president for competition and tech policy from 2021 to 2023.

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Reimagining Design with Nature: ecological urbanism in Moscow

Reflective Essay
Published: 10 September 2019
Volume 1 , pages 233–247, ( 2019 )

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Brian Mark Evans ORCID: orcid.org/0000-0003-1420-1682 1

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The twenty-first century is the era when populations of cities will exceed rural communities for the first time in human history. The population growth of cities in many countries, including those in transition from planned to market economies, is putting considerable strain on ecological and natural resources. This paper examines four central issues: (a) the challenges and opportunities presented through working in jurisdictions where there are no official or established methods in place to guide regional, ecological and landscape planning and design; (b) the experience of the author’s practice—Gillespies LLP—in addressing these challenges using techniques and methods inspired by McHarg in Design with Nature in the Russian Federation in the first decade of the twenty-first century; (c) the augmentation of methods derived from Design with Nature in reference to innovations in technology since its publication and the contribution that the art of landscape painters can make to landscape analysis and interpretation; and (d) the application of this experience to the international competition and colloquium for the expansion of Moscow. The text concludes with a comment on how the application of this learning and methodological development to landscape and ecological planning and design was judged to be a central tenant of the winning design. Finally, a concluding section reflects on lessons learned and conclusions drawn.

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The politics of designing with nature: reflections from New Orleans and Dhaka

Zachary Lamb

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The landscape team from Gillespies Glasgow Studio (Steve Nelson, Graeme Pert, Joanne Walker, Rory Wilson and Chris Swan) led by the author and all our collaborators in the Capital Cities Planning Group.

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Evans, B.M. Reimagining Design with Nature: ecological urbanism in Moscow. Socio Ecol Pract Res 1 , 233–247 (2019). https://doi.org/10.1007/s42532-019-00031-5

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Received : 17 March 2019

Accepted : 13 August 2019

Published : 10 September 2019

Issue Date : October 2019

DOI : https://doi.org/10.1007/s42532-019-00031-5

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