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Essay on Unemployment
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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.
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Essay on Unemployment: 100 to 300 Words
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- Mar 30, 2024
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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.
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Table of Contents
- 1 What is Unemployment?
- 2 Essay on Unemployment in 100 words
- 3 Essay on Unemployment in 200 words
- 4 Essay on Unemployment in 300 words
- 5 Tips to Ace in Writing An Essay
Must Read: The Beginner’s Guide to Writing an Essay
What is Unemployment?
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.
Essay on Unemployment in 100 words
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.
Essay on Unemployment in 200 words
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.
Essay on Unemployment in 300 words
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.
Tips to Ace in Writing An Essay
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?
Related Reads:-
Unemployment refers to the state in which individuals who are willing and able to work are without gainful employment opportunities. It is a condition where individuals seek jobs but are unable to secure them, leading to financial instability and societal challenges.
Unemployment, as discussed in the essay, is a multifaceted issue encompassing the lack of employment opportunities for willing and capable individuals. It explores various forms of unemployment, its causes, far-reaching consequences on economies and societies, and the role of governments in implementing solutions to mitigate its impact.
Unemployment is the term used to describe the situation where individuals of working age are actively seeking employment but are unable to find suitable job opportunities. It signifies a gap between the available workforce and available jobs, often leading to economic and social challenges within a society.
Unemployment emerges as a prominent thread, influencing economic, social, and psychological realms. As we’ve explored in this essay, comprehending the causes and consequences of unemployment is pivotal in devising solutions. Governments, institutions, and individuals must strive collectively to unravel this issue’s complexities and weave a fabric of employment opportunities, stability, and progress. We hope that this essay blog on Unemployment helps. For more amazing daily reads related to essay writing , stay tuned with Leverage Edu .
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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Essays About Unemployment: Top 6 Examples and 5 Prompts
Read our guide to see helpful essay examples and prompts to further your understanding and write essays about unemployment.
Unemployment is an unfortunate circumstance many find themselves in; it is a challenge that civilized society faces today. When people are unemployed, they look for jobs but cannot get them. As a result, they are left without a source of income and cannot adequately provide for themselves and their families. This, in turn, can lead to various issues, including depression.
Unemployment is a social, economic, and political issue. It leaves many people in poverty and prevents people from obtaining a source of income. As a result, politicians capture the eyes of voters by promising to lower the unemployment rate to get elected.
You can get started by reading these essay examples if you are writing essays about unemployment.
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6 Examples of Essays About Unemployment
1. unemployment reflection by christopher haynes, 2. what i learned from nearly a year of unemployment by becca slaughter, 3. why aren’t europe and canada in the same boat as u.s. for unemployment by glen hendrix, 4. a global dilemma: how unemployment creates poverty by tess hinteregger, 5. why has covid-19 been especially harmful for working women by nicole bateman and martha ross, 6. youth day and ordeal of nigerian youth by utomi jerome-mario, essay prompts about unemployment, 1. unemployment during the covid-19 pandemic, 2. the connection between unemployment and crime, 3. unemployment: whose fault is it, 4. the causes of unemployment, 5. the effects of unemployment.
“In order to secure work, we must be prepared to change or upgrade our skills and be willing to relocate if necessary. But some people are not interested in retraining to find work in another field, some people do not have the confidence to go out and look for work, and some refuse to accept a job they feel is below their level. Unless people like this change their attitudes, they will not be able to find work.”
Haynes provides two perspectives on unemployment; first, that the government should do more to address it, and second, that if people want work, they must adjust to make a living. He believes that many are unemployed because they are unwilling to change their skillset or relocate to get a job. Therefore, more should be done to reduce unemployment, but it goes both ways; everyone must put in the effort.
“I remember feeling embarrassed and powerless. I was angry it wasn’t my decision. I was happy I didn’t have to go back there, yet I was stressed about not having anywhere to go. Ultimately, I felt an overwhelming sadness that left me terrified. While I was overflowing with confusing and contradicting emotions, I somehow felt empty.”
In her essay, Slaughter reflects on her unemployed time and how it changed her. Her previous job was long and stressful, but whenever someone would ask her what she did for a living, she was embarrassed and regretful for not being there anymore. In addition to losing her job, she feels like she lost a part of herself at that time. Thankfully, she got a new job, one less taxing than her previous one.
“You would think paying all that money year after year to a government whose purpose is to “establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity” would entitle that person to a modicum of “blessings” to insure his “tranquility” and “general welfare” in case of some stupid virus pandemic. It would certainly be the “just” thing to do. And that person’s “posterity” might look a bit less bleak. European governments and Canada did just that. And it’s not even explicitly stated in the preamble to their constitution.”
Hendrix criticizes the United States’ response to the unemployment problem caused by the COVID-19 pandemic, saying that Canada and European nations have done a much better job. He discusses how much better their unemployment benefit system is compared to the U.S. and how it is ironic that the United States, whose constitution says all of these things promoting justice and wellbeing, cannot provide that for its citizens during a global pandemic.
“While unemployment can create poverty, poverty also reduces the chance of being employed. To ensure that those who are affected by unemployment do not fall into the negative cycle, researchers believe that governments should focus on improving quality education and training all young people so they remain in school.”
Hinteregger, in her essay, explains the link between unemployment and poverty, writing that it leads to the loss of income. People will also have to raise their families in poverty, which perpetuates the cycle of poverty. In addition, the poor may resort to violence to make a living. She points out the sheer irony of this issue, as unemployment causes poverty while poverty may also reduce the chance of being employed.
“COVID-19 is hard on women because the U.S. economy is hard on women, and this virus excels at taking existing tensions and ratcheting them up. Millions of women were already supporting themselves and their families on meager wages before coronavirus-mitigation lockdowns sent unemployment rates skyrocketing and millions of jobs disappeared. And working mothers were already shouldering the majority of family caregiving responsibilities in the face of a childcare system that is wholly inadequate for a society in which most parents work outside the home.”
Bateman and Ross write about the effects of the COVID-19 pandemic on women. Many women are forced to go through so much to provide for their families; however, the lockdowns led to many of them losing their jobs. The unemployment rate for women rose dramatically, by 12 percent, from February to April of 2020. It has been difficult for them to balance work with taking care of their families, women’s primary role as dictated by society.
“Youth unemployment is potentially dangerous as it sends a signal to all segments of the Nigerian Society. Here in Nigeria, the rate of youth unemployment is high, even at the period of economic normalcy i.e. the oil boom of the 1970s (6.2 per cent); 1980s (9.8 per cent) and the 1990s (11.5 per cent). Youth unemployment therefore is not a recent phenomenon. But if what happened in the 1980s/90s were a challenge of sorts, what is happening presently, going by the latest report by the National Bureau of Statistics (NBS), is a challenge.”
Jerome-Mario’s essay focuses on several issues affecting the Nigerian youth, including unemployment. The country has a high unemployment rate; over a fourth of the youth population is unemployed. He stresses the importance of the youth using their voice to make a change and to persuade the government to care for its citizens more.
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The pandemic and its lockdown policies have undoubtedly caused many people to lose jobs. Look into the impact of COVID-19 on the unemployment rate, particularly during the early months of the pandemic. Which sectors were most affected? Pull data and statistics to show how the public was affected by the covid-19 pandemic in terms of unemployment.
Many say that unemployment leads to higher crime rates. Do you believe this is true? Research how unemployment is linked to crime; examine the effects of unemployment on mental health; and conclude whether this may contribute to the increased likelihood of committing a crime.
In Haynes’ essay, he claims that employers/the government, and workers are to blame for unemployment. After reading his essay and both arguments, who do you believe is at fault? Explain your response in detail, and make sure to provide a solid base of evidence.
Unemployment has many contributing causes. Assuming a non-pandemic setting, research what causes unemployment and list them down in your essay. Elaborate on each one and, if you can draw connections, explain them as well.
As a grave issue, unemployment has many severe effects, notably poverty. For your essay, write about the effects of unemployment on a person, both physical and mental. How are they connected? What secondary effects might they produce? For a compelling and argumentative essay, answer these questions using research material and interview data.
For help with this topic, read our guide explaining what is persuasive writing ?If you are interested in learning more, check out our essay writing tips !
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.
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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.
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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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Unemployment in the United States Essay
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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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