explain tht different types of unemployment found in india?(5 marks)
Different types of unemployment found in India are
1. Disguised Unemployment: This is the phenomenon where too many workers are working in a specific job. This happens in small agricultural farms where the whole family may be working on the farm but so many workers are not required to cultivate the farm efficiently.
2. Seasonal unemployment: Seasonal unemployment occurs when workers can find work only in a specific season. For example, agricultural workers may find work only during busy agricultural seasons when sowing, harvesting, weeding and threshing are done.
3. Educated unemployment: Before the economic liberalization of 1991, there was widespread educated unemployment in India. At that time, the size of the Indian economy was not large enough to absorb all the people who were graduating from the colleges and universities of the country. For example, many engineers, despite their degrees, could not find any job.
4. Underemployment: Underemployment refers to an employment situation where a worker is doing a job for which he is overqualified. In thi situation, the worker has education, experience, or skills beyond the requirements of the job. But the worker is forced to do this job because of lack of employment opportunities commensurate with his qualifications. Examples include a holder of a MBA degree doing routine clerical or administrative jobs in an office.
1. Disguised Unemployment: This is the phenomenon where too many workers are working in a specific job. This happens in small agricultural farms where the whole family may be working on the farm but so many workers are not required to cultivate the farm efficiently.
2. Seasonal unemployment: Seasonal unemployment occurs when workers can find work only in a specific season. For example, agricultural workers may find work only during busy agricultural seasons when sowing, harvesting, weeding and threshing are done.
3. Educated unemployment: Before the economic liberalization of 1991, there was widespread educated unemployment in India. At that time, the size of the Indian economy was not large enough to absorb all the people who were graduating from the colleges and universities of the country. For example, many engineers, despite their degrees, could not find any job.
4. Underemployment: Underemployment refers to an employment situation where a worker is doing a job for which he is overqualified. In thi situation, the worker has education, experience, or skills beyond the requirements of the job. But the worker is forced to do this job because of lack of employment opportunities commensurate with his qualifications. Examples include a holder of a MBA degree doing routine clerical or administrative jobs in an office.