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  • How unemployment is measured? -ForumIAS Blog
    To measure unemployment, the number of unemployed people is divided by the total labor force to get the unemployment rate In 2017, India’s unemployment rate was 6 1%, but by 2021-22, it decreased to 4 1% Comparatively, the U S had rates fluctuating between 3 5% in 2022 and 3 7% in 2023
  • [Answered] Discuss the issue of unemployment in India. What India . . .
    Unemployment is a situation in which the person is capable of working both physically and mentally at the existing wage rate, but does not get a job to work In other words unemployment is a situation in which a person who is willing to work at the existing wage rate does not get a job Unemployment is a reason for alarming concern in India today
  • Unemployment |ForumIAS
    Unemployment is a situation in which a person is willing and capable of working at the existing wage rate but does not get a job to work Unemployment refers to a situation where a person who is able and willing to work is not able to find a job It is often used as a measure of the health of an economy, as high levels of unemployment can indicate a lack of available jobs, which in turn can
  • Consider the following statements regarding the Periodic Labour Force . . .
    Q Consider the following statements regarding the Periodic Labour Force Survey (PLFS): 1 The survey is conducted by the Ministry of Labour 2 It aims to estimate important employment and unemployment indicators in both usual status (US) and CWS in both rural and urban areas annually Which of the statements given above is are correct?
  • Disguised unemployment generally means
    Disguised unemployment means that more people are engaged in a job which can be done with fewer people, normally seen in agriculture where the whole family is involved It means extra people can be removed without affecting productivity, i e their marginal productivity is zero Source: CSP 2013
  • Which of the following statements regarding frictional unemployment is . . .
    Frictional unemployment is always present in an economy, so the level of involuntary unemployment is properly the unemployment rate minus the rate of frictional unemployment, which means that increases or decreases in unemployment are normally under-represented in the simple statistics
  • Disguised unemployment |ForumIAS
    Disguised unemployment aka hidden unemployment refers to a situation where labour that is employed but he she is not utilised for the production of goods and services It does not contribute to the output of an economy as their marginal product is zero (contribution to production is nil)
  • Under-Employment, not Unemployment is the main problem facing India . . .
    NITI Aayog had recently stated that not unemployment but a “severe under-employment” is the main problem facing the country What is underemployment? Underemployment is a measure of employment and labor utilization in the economy that looks at how well the labor force is being utilized in terms of skills, experience and
  • [Answered] Evaluate the significance of the PM Internship Scheme in . . .
    The PM Internship Scheme, operationalized through an online portal, is designed to address youth unemployment in India by offering year-long on-the-job training This initiative seeks to bridge the gap between academic education and the professional skills demanded by industries The scheme, involving both private sector participation and government funding, aims to provide youth with
  • Mismatch between India’s GDP growth and employment growth
    Unemployment rose from around 10 million in 2011-12 to over 19 million in 2022-23 Low wages persist, with regular employees earning about ₹1,000 per month and casual laborers ₹4,500 Labor-intensive sectors, like construction and textiles, employ around 240 million people What are the structural challenges in India’s labor market?





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