There are various factors that are responsible for unemployment i country. Unemployment can be due to seasonal layoff particularly in agricultural sector. It can be due to technological changes in an automated industry or due to lack of adequate skills by the workers. Unemployment can also be due to fluctuation in the economy. All these factors add to the problem of unemployment. And because of this unemployment problem we are wasting our valuable human resource.
Why India even after 63 years of Independence is not able to so this problem? Even after so much of planning, where are we lacking tackling this problem?
First thing that strikes everyone whenever the question unemployment is raised is our rapid growth of population. The employment opportunities that are getting created in our country are not able to keep pace with our population growth. According to Unit Nations population report, India with its annual population grow of 1.65 percent is the largest contributor to the world's population growth, which accounts for 21 percent of the annual increase in the world population and China is in the second position with a contribution of 15 percent.
If our population grows at percent pace, there is no doubt we ill be surpassing China in the years to come and the employment opportunities for our coming generation will become still more bleak.
Secondly, our system of education prepares our youth mostly for the white collared jobs. With no work experience and unprepared for the challenges of work, many employers are reluctant to hire these first time job seekers.
So, one of the hardest hit sections of the society is youth. These scenarios compel us to look at the problems the society has to face because of the...