Some time they got trapped in criminal occurrence and sometime went into a deep mental depression. Short Essay on Unemployment In this category, three essays are given with 100, 200 and 300 words count. 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. The phenomenon of unemployment can be analyzed from various points of view. The great recession affected millions of people worldwide and was related to financial crisis and sub-prime mortgages in the United States. The numbers of unemployed have increased over the past few decades as the population has accelerated.
With no reason to continue paying them, they lose their jobs as the job simply disappears. The population of Pakistan is growing day by day, but our resources are still the same that we had fifty years ago. This is hallmark of developing economies where availability of labour is abundant. Financial problems and worries often drive their victim towards inferiority complex, self-hatred and lack of confidence. It related to the decline in production and structural transformation in the economy as a result of the crisis phenomena. Many economists have argued that unemployment increases the more the government intervenes into the economy to try to improve the conditions of those without jobs.
Keynesian economists on the other hand see the lack of demand for jobs as potentially resolvable by government intervention. In the year 2015-16, the unemployment rate shot up significantly with 8. November 2014 unemployment rate — 11. Some others have got engagement only seasonally. There are thousands of unskilled workers sitting at home. Create and apply an online ordering menu that fits your brand and displays your delicious items in beautiful full scale images.
We know its causes, we know its remedies, therefore. For example, minimum wage laws raise the cost of laborers with few skills to above the market equilibrium, resulting in people who wish to work at the going rate but cannot as wage enforced is greater than their value as workers becoming unemployed. Thus the result of unemployment comes in the form of non development of nation. Every year there are students passing out from different universities but the industry has hardly any vacancy for the new people. The unemployment rate had previously dropped to the lowest it has ever been since 1973; therefore this was a great accomplishment, but not only to soon back peddle.
Long and Short Essay on Unemployment in English 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. Therefor, majority rushes to the cities and increases unemployment. A lot of planning is going on without any positive result so far. The reason for chronic unemployment is that the employers they do not find unemployed persons as attractive. Filing for unemployment is the key answer. Large-scale unemployment has very bad effects on the progress of the country. The same goes for if they are absent often or late, that will not be tolerated.
At a certain time in a recession they are measured in quantities. The plan is a combination of two methods: large-scale budget investments in the economy and reduction of the taxes. They should give up their selfish motives and dedicate themselves to the service of the nation. It will take at least 20 years before the economy needs to respond to growing demand. The difference between the haves and the have not is huge in India and is increasing with time. Common sense essay questionsCommon sense essay questions.
Men come together in cities in order to live; they remain together in order to live the good life. They want to get only some white-collar job. A similar trend existed in March 2015, with 4. Conclusion: National crisis of unemployment affects a huge population of India especially a youth generation who are the future leader of our country. November 2014 unemployment rate — 8. This page contains information on the labor force data on characteristics of employed and unemployed persons and persons not in the labor force. Experts fear that at present, India is experiencing a jobless growth with not enough jobs being created for its working age population 15-64 years.
However, government plans bet on economic growth, using the grant money in creating growth enact laws and encourage employers to improve production; possibly a longer time, but also more efficient, may be favorable results. Should I blame the government for not providing more jobs or should I blame the companies that will not supply jobs for the United States to recover? Most of the young age people, who have a professional degree, have to struggle for a good and suitable job for themselves due to under developed and inefficient education system and lack of vacancies in relevant sectors of major companies in India. Many members of the family working in association can generate handsome sources. Structural unemployment is another cause that creates unemployment. You can use official statistical data, articles from reputable journals, previous studies on the topic, etc. People who are unemployed think that filing for unemployment insurance is a good way to solve your problems. There is no scope in the professions of medical, engineering, law and education.
Its percentage varies according to the industrial and economic development of a country. Person who is able to do full time work but due to lack of resources or situation they are forced to do part time work also. Geographical immobility also leads to a rise in government spending and a fall in tax revenue which causes issues for the government. Unemployment is a serious issue in India. November 2014 unemployment rate — 9.