Why is unemployment a peculiar problem
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Educated Unemployement is the situation wherein a number of youth with matriculation, graduation and post graduation degrees are not able to find suitable jobs. India has a huge population and every year a large number of people graduate from schools and colleges. Employment generation in various sectors is not keeping pace with the number of educated people coming out of educational institutions. Due to this, educated unemployed is a peculiar problem
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The joblessness among the educated, i.e. matriculates and above, is called educated unemployment. Unemployment problem signifies the wastage of human resources. If unemployment is high among the educated persons the quantum of wastage of resources will be greater. This is due to investments in education and skill formation. There is a feeling of hopelessness among the educated youth. India has to spend lot of money on education every year. People who should have been assets for the economy have turned into a liability. In this way educated unemployment is one of the big problems for India
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