Presented By : Madhvi Sinha Nishant Kumar

Sajid Khan Sumit Kumar

Vishal Chonde

UNEMPLOYMENTIN INDIA

What is Unemployment ?

Unemployment means lack of jobs even for those who are able and willing to work at the prevailing wage.

Types of Unemployment

• Frictional Unemployment

• Structural Unemployment

• Cyclical Unemployment

• Search Unemployment

Nature of Unemployment In India

Urban

IndustrialUnemployment

Educated Unemployment

Rural

Seasonal Unemployment

Disguised Unemployment

Reasons• Rapid Population Growth

• Changing Technology

• Demand For Highly Skilled Labour

• Global Competition

• Illiteracy

Effects

Social Level

Civil Unrest Law & Order Problems

Individual Level

Mental Stress

Loss of Self Esteem

Direct Linked To Poverty

Unemployment

Measurement of Unemployment Rate

No. of UnemployedUnemployment Rate = Labour Force

100

• In India NSSO uses three concepts of unemployment

Usual status of unemployment ( 1 Year ) Current weekly status of unemployment ( 1 Day ) Current Daily status of unemployment ( 1 Hour )

Comparison of Unemployment Rate

France India US UK Russia Germany Brazil China Japan0

1

2

3

4

5

6

7

8

9

10

Unemployment

Phillips Curve

Inflation (%)

6% ---------------

2% --------------------------

3% 5%Unemployment (%)

B

A

Unemployment rate In Different Field

Apprentices With College Degree Without College Degree

0

5

10

15

20

25

30

2011201220132014

Possible Solutions For Unemployment

• Improve Awareness of Available Jobs

• Encourage People To Take Different Jobs in Their Off Seasons

• Greater Flow of Information

• Generate Employment

Govt. Policies To Reduce Unemployment

• NREGA

• Sampoorna Grameen Rozgar Yojna

• Swarna Jaynti Gram Swarozgar Yojna

• Prime Minister’s Employment Generation Programme

Thank You