what is educational unemployment
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Educated unemployment arises when a large number of educated people are unemployed or unable to secure a job. There has been an alarming phase of mass unemployment among the educated youth. Post graduates and graduate are walking pillar to post in search of employment.
Higher levels of education increase the chance an unemployed person will emerge with a comparable wage and reduce the time required to find new employment. Unemployment can have a devastating impact both on a household and the general economy.
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