Question

write a short note on jobless growth​

Answer 1

Explanation:

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In a jobless growth economy, unemployment remains stubbornly high even as the economy grows. This tends to happen when a relatively large number of people have lost their jobs, and the ensuing recovery is insufficient to absorb the unemployed, under-employed, and those first entering the workforce.

Answer 2

Answer:

A jobless growth economy indicates the existence of changes to the fundamental basis of work for everyone. Some workers will do well, as they have the skills and training that growing industries require. Others face long-term unemployment or underemployment and will be unable to find work until they obtain new skills.

Explanation:

Jobless growth is a situation when the level of output in the economy tends to rise without a proportionate rise in the opportunities of employment. ... The percentage of working population increases in industrial and service sector. Before 1971, the development process was slow in India.