Question

What do you think about unemployment? Express your feeling about this.

Answer 1

Youths are often referred to be the nation's future, but what about their own future? Every person wants to lead a comfortable and tranquil life. Only when they are able to generate a stable income will all of their ambitions be realized. Every student hopes to get a well-paying career once they graduate. But what if they are not hired? Youth unemployment is a concern in today's world. Youths and their families are not the only ones who are impacted by this; the entire country is.

Unemployment is becoming a much bigger issue. But it is detrimental to everyone. When someone is actively seeking employment but is unsuccessful, they are said to be unemployed. The jobless, on the other hand, are individuals who want to work but can't. Almost everywhere, unemployment has grown to be a serious issue.

There are many excellent schools, colleges, and institutions in our nation. Every year, thousands of students graduate from there. Additionally, more individuals are losing their employment every day. People who wish to work but can't locate suitable jobs end up unemployed. People who choose not to seek a job or who are ill and unable to do so are not included.

Numerous regions of the world are plagued by unemployment. People who lose their employment have a loss of confidence, get irate, and develop negative attitudes toward commonplace situations. People spend less money on products and services and contribute less to taxes when unemployment is high. The nation's costs must thus be managed by the government. More crimes occur when more individuals are unemployed. The growth of the nation as a whole is impacted by unemployment in addition to the effects it has on the unemployed individuals.

There are several forms of unemployment, such as:

• When people are working below their capacity or having their abilities underutilized but are nonetheless recorded as employed, this is considered hidden unemployment.
• Cyclical unemployment is brought on when there is a decline in corporate activity as a whole.
• Seasonal unemployment is a problem in industries like agriculture, tourism, and construction when the demand for workers is influenced by the seasons or the weather.
• Unemployment lasting a year or more is referred to as long-term unemployment.
• When someone is overqualified for a job or works part-time, underemployment results.
• Hardcore unemployed: People who have been without a job for a very long period are referred to as hardcore unemployed.
• When there are more jobless persons than there are available jobs, there is structured unemployment.
• When there aren't enough workers to fill positions in the same fields and locations, there is frictional unemployment.

The causes of unemployment are numerous. First off, the state of the education industry is deteriorating. Theoretical knowledge is stronger among students, but practical knowledge is lacking. Another factor that may ultimately result in unemployment is an unfavorable work environment. As technology advances, fewer jobs need to be performed by humans and fewer workers are needed. The expanding population is the primary contributor to unemployment. This is also a result of the operation of our educational system. Our educational institutions place a greater emphasis on academic learning than on actual work training. One of the most significant causes of employment loss is changes in technology. Many workers are dissatisfied with their occupations. Businesses that treat employees differently because of their caste, religion, color, or other characteristics make it more difficult for individuals to work there.

Lack of employment means having no means of earning money. A significant issue that impedes personal and societal advancement is unemployment. Crime rates rise when people are unable to find adequate jobs to fulfill their requirements. Homeless individuals who suffer from physical or mental illness are becoming more prevalent. Long periods of unemployment lead to boredom and skill loss because people become bored.

India is a growing nation with a weaker-than-it-might-be economy. India's unemployment is distinct from that of Western economies. The issue with unemployment in India is not due to a lack of viable demand. Instead, it is brought on by a shortage of resources and capital equipment as well as a rapid pace of population expansion. India's underemployment issue is worse than its unemployment issue.

The issue of unemployment must be resolved in any way that is practical. The government needs to step in and address this issue. To create more jobs and develop the necessary skills for employment, policymakers and the general public should collaborate. It's crucial to research the many factors contributing to this issue in order to come up with efficient and comprehensive remedies. For all economies, unemployment is a serious issue. Government and citizens must both take action to boost productivity and enhance living standards in a rising economy.