THE UNEMPLOYMENT

Mahesh Gaikwad
maheshm.gaikwad25@gmail.com
 What is Unemployment and it`s Effect
▪ Unemployment occurs when a person who is actively searching for employment is unable to
find work

Effect of Unemployment
 Workers to suffer financial difficulties-lead to emotional destruction
 consumer spending goes down-Economical growth of country goes down
 Lowered purchasing power – leads to lowered profits for businesses , reduction in budget and
workforce reduction

 Creates a cycle that goes on and on and everyone loses in the end

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 Indian Unemployment Rate
▪ The official unemployment rate for the nation is the number
of unemployed as a percentage of the labour force (the sum of the
employed and unemployed).

Labour force participation rate

 Selection of working population in the age
group of 16-64 in the economy currently
employed or seeking employment

 Excluding- undergoing studies

 Excluding- housewives

 Excluding- persons above the age of 64

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Unemployment
Rate in G20
Countries

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 Suggestions to solve Unemployment
▪ Accelerating Investment in Agriculture

▪ Diversification of Agriculture

▪ Synergy between different Sectors of the Economy

▪ Education and Skill Development

▪ Micro & Small Enterprise and Entrepreneurship development

▪ Targeted Programmes for Employment Generation

6 ▪ Monitoring
 THANK YOU

Any Questions ?
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