How is unemployment in India measured? Discuss the nature of employment in India.
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Unemployment in India is measured by the National Sample Survey Organisation.
The unemployment rate is measured using a fixed formula.
The formula to estimate unemployment in India is,
Unemployment = Total of Unemployed population who can work/Total of the community capable of accomplishing.
According to this ratio, the unemployment rate is calculated.
This rate is essential for the development of the country. If the unemployment percentage increases, it is harmful to the economic development of the country.
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The unemployment in India measured by collecting data on number of unemployed.
Explanation:
- Unemployment in India is used to measure the health of an economy and most frequently is measure through the unemployment rate. The total unemployed persons divided by total workforces.
- The NSSO collects data on the number of employed and unemployed people. In India, there are four types of unemployment such as disquishes, seasonal, cyclical, and structural.
- Many people in India are vulnerable to unemployment that is working informally without proper jobs.
- Unemployment is measured by the usual status approach, weekly status, and daily status report. The causes of unemployment are related largely to the large population size, low education levels, and lack of state support.
Learn more about the how is unemployment in India measured? Discuss the nature of employment in India.
- brainly.in/question/7684830 answered by Sidyandex.
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