major setback to the majority of the countries. The entry of multinational companies might also make things a little too tough for the small industrial units that may have to be closed. . Many people are eager to find jobs SuPport themselves as well as their families but there are not enough jobs for everyone. This brings the gap in income generation (m; m). We come across many teacher, engineers and even doctors who go without jobs. . Government can expand capital projects like new roads, constructions of new hospitals and major infrastructural projects which can become a platform in creation for more jobs in the economy. This social problem contributes to raising in criminal activities in the society. It can be concluded that unemployment is inversely related to productivity of the economy.
464 Words, essay on problem of unemployment
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The problem is a great challenge to our leaders, thinkers, educationists, planners and industrialists. Divorce rates often rise because people cannot solve their financial problems. Government should take proper steps in investment decisions on huge projects like iron and steel, aviation etc., proper policies are to be made to boost up these projects thereby creating employment opportunities. These imminent problems associated with unemployment present a significant challenge to many governments in seeking to provide solutions to the problem of unemployment. But jobs and gainful avenues cannot be generated in the proportion. Liberal loans should be given to those who want to run small scale industry. . Lot of adjustments are to be done by the individuals to come out of this situation.
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