“The cool thing about unemployment is every day is Saturday.”
Unemployment is serious problem that our government faces. Nowadays, someone had a degree was expected but not much respected.
Our prime minister are trying their utmost best to solve it wisely.Despite changing technology, the underlying principles of why unemployment occurs remain the same. It’s also what continues to this day.
The three main causes of unemployment are economic conditions, new technology, and increasing populations.
- Economic conditions are the main factor in unemployment.An economic crash causes businesses to fold and posts to disappear. If there isn’t enough money coming into a company, it can no longer afford to pay its employees.
- New technology also has an impact. As conventional tasks become more automated and more convenient, some employees find their posts obsolete. With no reason to continue paying them, they lose their jobs as the job simply disappears.
- Increasing populations often lead to unemployment at a slower rate. The numbers of unemployed have increased over the past few decades as the population has accelerated. To an extent, the increasing demand for goods and trade balances out the population increase, but businesses often fail to deal with the short-term consequences.
New technology and an increasing population generally go hand-in-hand. If technology remained the same the increasing population wouldn’t matter as the jobs would form naturally. The rescinding in the number of roles from multiple sides overwhelms the employment market and we finish with a shortfall in jobs.
To solve this problem, one of the steps is educated youth should not be too choosy to find work. Make it as an experience. "When one door closes,another opens;but we often look so long and so regretfully upon the closer door that we do not see the one which has opened for us.
Besides that, The educated youth should change their mind also and they should think of self temployment, rather than searching jobs and services hither and there wasting their energy. In this way very serious problem of unemployment may be saved to a great extent.

Nice info.. :)
ReplyDeletethanks peeps!
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