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The fresh data released by the Centre for Monitoring Indian Economy (CMIE) showed that unemployment rate in the month of October jumped to 8.5 per cent, which is the highest in over three years. A new academic research paper released by the Centre of Sustainable Employment also concluded that there has been a marked decline in total employment in India between 2011-12 and 2017-18, reported The Indian Express. The research paper by Santosh Mehrotra and Jaiati K Parida stated as, "However, due to ...

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07/09 15:20:15 (Tiếng Anh - Lớp 12)
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The fresh data released by the Centre for Monitoring Indian Economy (CMIE) showed that unemployment rate in the month of October jumped to 8.5 per cent, which is the highest in over three years. A new academic research paper released by the Centre of Sustainable Employment also concluded that there has been a marked decline in total employment in India between 2011-12 and 2017-18, reported The Indian Express.

The research paper by Santosh Mehrotra and Jaiati K Parida stated as, "However, due to sharp increases in enrollment at every level of education over the noughties, it was expected that post -2012 total employment would increase, particularly in the non-farm sectors. But unfortunately, total employment during 2011-12 and 2017-18 declined by 9 million. The research further states that this happened for the first time in India’s history.

It is really ironical noting that Coimbatore Municipal Corporation posted a vacancy for 549 sanitary workers. What followed was that 7000 highly qualified applicants even some of them with engineering and graduate degrees applied for the job. The Corporation witnessed the overwhelming turnout of 7000 candidates. Similarly, few month back, Chennai witnessed an unusual event when around 4600 of youth sent their application for 14 posts like sweepers and sanitary workers. The applicants had professional qualification like B.Tech, M.Tech, Master of Business Administration.

Though the government constantly has been refuting the grim of job data but the facts and figures can’t be avoided any more. Therefore, now the government should take an initiative to overcome the high prevalence of unemployment and figure out the derivers of the job crisis. In this regard, it is worth to mention a book titled ‘Job crisis in India’ written by business journalist Raghavan Jagnnathan. The author in his book pointed out factors and reasons behind this decline of employment. He attributed that the absence of skills required in the highly technical nature of jobs is big factor. Another aspect of this is that in the majority of cases the skills or training acquired by the youths do not match or suit the core demand of the job. So at first the government must step up for reformation, innovation and renovation of the standard of the education in universities and colleges.

(Source: https://www.thehansindia.com/)

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A. Employment rates taking an unexpected turn.
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B. Working from sweatshops to famed factories.
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C. Disruption awaiting in education sector.
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D. A full-blown unemployment crisis is looming.
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