Question

35. What is educated unemployment? Discuss its impact on the society? Explain the government schemes
which are planned to eradicate this kind of unemployment.
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Answer 1

Answer:

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Explanation:

Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequent measure of unemployment is the unemployment rate, which is the number of unemployed people divided by the number of people in the labor force.

National Sample Survey Organization (NSSO) defines employment and unemployment on the following activity statuses of an individual:

Working (engaged in an economic activity) i.e. 'Employed'.

Seeking or available for work i.e. 'Unemployed'.

Neither seeking nor available for work.