Why is 'educated but unemployed', a peculiar problem of India?
Unemployment is defined as the situation when a person actively searches for a job and is unable to find work. Unemployment describes the health of the economy. There are various types of unemployment. This article is about two types of unemployment that is open unemployment and disguised unemployment.
Open unemployment
Open unemployment is the situation when a person is willing to work, and is educated but is unable to get a job and work. This kind of unemployment is visible in society. We come across many educated people who express their views saying that am graduated from such a reputed college but are still in search of a job. This kind of unemployment has different criteria in rural and urban areas. Open unemployment behaves differently in cities as well as in small towns and cities.
Educated but unemployed, a peculiar problem of India
Educated unemployment has become a common phenomenon in India. Youths with matriculation, graduation, and post-graduation degrees are striving hard to get jobs in India. This is because the education system in India labels and appoints anyone above the age of 18 years eligible to work. This leaves the youth unskilled and finally unemployed. It is vital to note that an individual does not only have a degree but must also be skilled enough to get a job.