What type of unemployment the picture speak of ? What should be done to mitigate (solve) the problem?
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Explanation:
There are many types of unemployment :-----------
1. Frictional Unemployment = Frictional unemployment is when workers change jobs and are unemployed while waiting for a new job.
2. Structural Unemployment = Structural unemployment is when economical shifts reduce the need of workers.
3. Cyclical Unemployment = Cyclical Uemployment is when natural business cyles bring about a loss of jobs.
4. Seasonal Unemployment = Seasonal unemployment is when seasonal cycles reduce the need for certain jobs.
5. Technical Unemployment = Technical unemployment is when an advance in technology eliminates certain jobs.
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Following are the suggestions to solve the unemployment problem:
(i) Change in industrial technique:
Production the technique should suit the needs and means of the country. It is essential that labour-intensive technology should be encouraged in place of capital intensive technology.
(ii) Policy regarding seasonal unemployment:
Seasonal unemployment is found in the agriculture sector and agro-based industries.
To remove it:
(a) Agriculture should have multiple cropping,
(b) Plantations, horticulture, dairying and animal husbandry should be encouraged,
(c) Cottage industries should be encouraged.
(iii) Change in the education system: Educational pattern should be completely changed. Students who have a liking for higher studies should be admitted in colleges and universities. Emphasis should be given on vocational education. Qualified engineers should start their own small units.
(iv) Expansion of Employment exchanges: More employment exchanges should be opened. Information regarding employment opportunities should be given to people.
(v) More assistance to self-employed people: Most people in India are self-employed. They are engaged in agriculture, trade, cottage and small scale industries, etc. These persons should be helped financially, providing raw materials and technical training.
(vi) Full and more productive employment: The main objective of county’s employment policy should be to increase employment opportunities and productivity of labour. Govt. should adopt a policy that provides employment to all people.
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