Essay on unemployment

India saw an average of 7.32 percent unemployment rate from 1983 to 2013 with a highest of 9.40 percent in the year 2009 and a record low of 4.90 percent in 2013. In an attempt to reduce the issue of unemployment, the government has also developed small and cottage industries.

The problem of unemployment in the country has persisted since long. It goes without saying that increase in unemployment rate results in increase in the rate of poverty in the country. This is why it is important to look at employment data in its totality, rather than just the official unemployment rate in isolation. The current unemployment rate will depend on both the natural rate of unemployment and the amount of cyclical unemployment at the time. When people stop looking for jobs and drop out of the labor force as discouraged workers, the unemployment rate will decrease even though the true employment situation hasn't gotten any better. To excel is to combine the both education and training together and use all assets to become even better.

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Essay on unemployment

The unemployment associated with the recessions and expansions; this can have a positive or negative value. We hope this essay on unemployment must have helped students in boosting their essay-writing skills. The unemployment rate has dramatically increased over the last several months. So the unemployment rate actually increased! The company announced today (May 8) that it's targeting late May for Unity 25, its fifth-ever spaceflight and first since July 2021, when Virgin Group founder.

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