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UNEMPLOYMEN
T
WHAT ACTUALLY UNEMPLOYMENT IS?
UNEMPLOYMENT REFERS TO A SITUATIONS IN WHICH THE WORKERS WHO ARE
CAPABLE OF WORKING AND WILLING TO WORK DO NOT GET EMPLOYMENT.
UNEMPLOYMENT IS OFTEN USED AS A MEASURE OF THE HEALTH OF THE ECONOMY
UNEMPLOYMENT IS A MAJOR PROBLEM FACED BY MANY OF THE DEVELOPING
COUNTRIES LIKE INDIA
TYPES OF UNEMPLOYMENT
• Frictional unemployment
• Structural
unemployment
• Cyclical unemployment
• Search unemployment
Reasons For Unemployment
1.Rapid growth in population
2.Changing technology
3.deman for high skill labour
4.global competition
5.illetracy
1.Promoting entrepreneurship:
solution of Unemployment:
One of the most effective solutions to tackle unemployment is by promoting
entrepreneurship. The government can provide incentives and support to
entrepreneurs to start their own businesses. This would create new job
opportunities and stimulate economic growth. The success of startups like
Flipkart, Ola, and Paytm, demonstrates the potential of entrepreneurship in
creating job opportunities in India.
2.Improving Education and Skill
Development:
Another important solution is to improve education and skill development. The
government can invest in education and training programs that equip people with the
skills they need to enter the workforce. This will make them more employable and
increase their chances of getting a job.
3.Strengthening the Rural Economy:
India is a primarily agrarian country, with a significant portion of the population living in rural
areas. Strengthening the rural economy can create job opportunities for people living in rural
areas. The government can invest in infrastructure development in rural areas and promote
rural industries to create jobs and stimulate economic growth.
4.Promoting Digitalization:
The government can also promote digitalization and e-commerce to create job
opportunities. The COVID-19 pandemic has shown the potential of the digital economy
in creating employment opportunities. The government can invest in digital
infrastructure and promote e- commerce to create jobs in the technology sector
5.Reducing Informal Employment
A large portion of the workforce in India is employed in the informal sector, which often
means that they do not have access to benefits and protections. The government can
work to reduce informal employment by providing incentives to companies that formalize
their workforce and by promoting job security
6.Improving Access to
Credit
Access to credit can be a significant barrier for entrepreneurs and small business owners. The
government can work to improve access to credit by creating schemes that provide loans to
small business owners and entrepreneurs. This can create new job opportunities and
stimulate economic growth.
Thank You!!
By
1.Rahul Nanda Nj(RA2111003010216)
2.Narni Rojesh(RA2111003010219)
3.Samson Zacharia(RA2111003010220)
4.Vijayaram(RA2111003010232)
5.Kanal Kumanan(RA2111003010262)
6.Tejesh(RA2111003010264)
7.Busa Vaishnav(RA2111003010265)

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pptx_20230430_180209_0000.pptx

  • 2. WHAT ACTUALLY UNEMPLOYMENT IS? UNEMPLOYMENT REFERS TO A SITUATIONS IN WHICH THE WORKERS WHO ARE CAPABLE OF WORKING AND WILLING TO WORK DO NOT GET EMPLOYMENT. UNEMPLOYMENT IS OFTEN USED AS A MEASURE OF THE HEALTH OF THE ECONOMY UNEMPLOYMENT IS A MAJOR PROBLEM FACED BY MANY OF THE DEVELOPING COUNTRIES LIKE INDIA
  • 3. TYPES OF UNEMPLOYMENT • Frictional unemployment • Structural unemployment • Cyclical unemployment • Search unemployment
  • 4. Reasons For Unemployment 1.Rapid growth in population 2.Changing technology 3.deman for high skill labour 4.global competition 5.illetracy
  • 5.
  • 6.
  • 7.
  • 8. 1.Promoting entrepreneurship: solution of Unemployment: One of the most effective solutions to tackle unemployment is by promoting entrepreneurship. The government can provide incentives and support to entrepreneurs to start their own businesses. This would create new job opportunities and stimulate economic growth. The success of startups like Flipkart, Ola, and Paytm, demonstrates the potential of entrepreneurship in creating job opportunities in India.
  • 9. 2.Improving Education and Skill Development: Another important solution is to improve education and skill development. The government can invest in education and training programs that equip people with the skills they need to enter the workforce. This will make them more employable and increase their chances of getting a job. 3.Strengthening the Rural Economy: India is a primarily agrarian country, with a significant portion of the population living in rural areas. Strengthening the rural economy can create job opportunities for people living in rural areas. The government can invest in infrastructure development in rural areas and promote rural industries to create jobs and stimulate economic growth.
  • 10. 4.Promoting Digitalization: The government can also promote digitalization and e-commerce to create job opportunities. The COVID-19 pandemic has shown the potential of the digital economy in creating employment opportunities. The government can invest in digital infrastructure and promote e- commerce to create jobs in the technology sector 5.Reducing Informal Employment A large portion of the workforce in India is employed in the informal sector, which often means that they do not have access to benefits and protections. The government can work to reduce informal employment by providing incentives to companies that formalize their workforce and by promoting job security
  • 11. 6.Improving Access to Credit Access to credit can be a significant barrier for entrepreneurs and small business owners. The government can work to improve access to credit by creating schemes that provide loans to small business owners and entrepreneurs. This can create new job opportunities and stimulate economic growth.
  • 12. Thank You!! By 1.Rahul Nanda Nj(RA2111003010216) 2.Narni Rojesh(RA2111003010219) 3.Samson Zacharia(RA2111003010220) 4.Vijayaram(RA2111003010232) 5.Kanal Kumanan(RA2111003010262) 6.Tejesh(RA2111003010264) 7.Busa Vaishnav(RA2111003010265)