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InterviewSolution
| 1. |
Explain the term 'unemployment' in the context of India. |
| Answer» Solution :Unemployment exists when people who are willing to WORK at the going wages cannot find jobs. It can be explained as below: The workforce population INCLUDES people from 15 to 59 years.Therefore, if people below 15 years and above 59 years do not have a JOB, they cannot be called UNEMPLOYED. In India, unemployment can be categorised as in rural and urban areas. Further, rural unemployment includes seasonal and disguised unemployment and urban unemploymentincludes educated unemployment. | |