competition refresher magazine
competition refresher magazine Published this article page no 31 Cyclical unemployment figures in India are negligible. It is a phenomenon that is mostly found in capitalist economies. Technological Unemployment It is loss of jobs due to changes in technology. In 2016 World Bank data predicted that the proportion of jobs threatened by automation in India is 69% yearonyear. Frictional Unemployment The Frictional Unemployment also called as Search Unemployment refers to the time lag between the jobs when an individual is searching for a new job or is switching between the jobs. In other words an employee requires time for searching a new job or shifting from the existing to a new job this inevitable time delay causes the frictional unemployment. It is often considered as a voluntary unemployment because it is not caused due to the shortage of job but in fact the workers themselves quit their jobs in search of better opportunities. Vulnerable Employment This means people working informally without proper job contracts and thus sans any legal protection. These persons are deemed unemployed since records of their work are never maintained. It is one of the main types of unemployment in India. Causes of Unemployment 120 Large population. Low or no educational levels and vocational skills of working population. Inadequate state support legal complexities and low infrastructural financial and market linkages to small cottage industries or small businesses making such enterprises unviable with cost and compliance overruns. Huge workforce associated with informal sector due to lack of required education skills which is not captured in any employment data. For ex domestic helpers construction workers etc. competition refresher magazine buy.
No comments:
Post a Comment