Unemployment in India

1.Structural Unemployment

The structure of the country paves way for this condition. Due to excess population and growing demands, the demand for goods and services will be more but the labor force can not be obtained to satisfy these needs. When demand for labor falls short to supply of labor due to rapidly growing population and their immobility, the problem of unemployment appears in the economy.

2.Under Employment

Those laborers are under-employed who obtain work, but their efficiency, capability and potential labor are not utilized at their optimized level and so, they contribute limited products and services.

3.Disguised Unemployment

If a labor can be removed from the work without affecting the productivity adversely, he will be treated as disguised unemployed. The average and break even productivity of the labor is zero.

4.Open unemployment

When the labors live without any work and they don’t find any work to do, they come under the category of open unemployment. Educated unemployment and unskilled labor unemployment are included in the open unemployment.

5.Educated unemployment

Even when a person who is educated and got skills in specific subjects, fails to obtain a suitable job suited to his qualifications. At present this type of unemployment has become a problem for developing economies, particularly for India.

6.Frictional unemployment

The unemployment generated due to the change in market conditions is called frictional unemployment. Soft wares, Agriculture, Engineering and etc are the examples in which field this kind of unemployment is generated.

7.Voluntary Unemployment

Voluntary unemployment occurs when a working persons willingly withdraws himself from work. This type of unemployment may be caused due to a number of reasons. The labor’s health or mind, labor’s family condition or age factor etc.,

8.Involuntary unemployment

Involuntary unemployment occurs when at a time of number of worker is more than the number of jobs or requirement of advanced skilled workers. For example, typists are thrown out due to implication of computers. This state of condition arises because of the insufficiency or non availability of work too.