Question

What kind of unemployment exists in urban areas? How does it impact the overall growth of the economy? 2 MARKS
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Answer 1

Answer:

Educated Unemployment

In urban areas, educated unemployment has become a common phenomenon. Many youth with matriculation, graduation and postgraduation degrees are not able to find jobs. A study showed that unemployment of graduates and postgraduates has increased faster than among matriculates. A paradoxical manpower situation is witnessed as surplus of manpower in certain categories coexist with shortage of manpower in others.