What is the major type of unemployment in urban areas? (A) Disguised u...
Educated unemployment is the answer. In urban areas many youth with degrees are not able to find jobs we consider this situation as educated unemployment
What is the major type of unemployment in urban areas? (A) Disguised u...
Major type of unemployment in urban areas
Introduction:
Unemployment refers to a situation where individuals are willing and able to work but are unable to find employment. It is a significant issue that affects both rural and urban areas. In urban areas, the major type of unemployment can be categorized as educated unemployment.
Educated unemployment:
Educated unemployment refers to a situation where individuals who have attained a certain level of education are unable to find suitable employment. This type of unemployment is prevalent in urban areas due to various reasons.
Reasons for educated unemployment in urban areas:
1. Rapid urbanization: Urban areas are characterized by a high concentration of population and limited employment opportunities. The rate of urbanization often exceeds the rate of job creation, leading to a surplus of educated individuals in search of employment.
2. Mismatch between skills and job requirements: Many individuals possess academic qualifications that do not align with the demands of the job market. This mismatch between skills and job requirements leads to a situation where individuals are overqualified for available jobs or lack the necessary skills for the available jobs.
3. Lack of job creation: Urban areas often face challenges in generating enough employment opportunities to accommodate the growing population. This can be attributed to factors such as limited investment, economic downturns, and technological advancements that reduce the need for human labor.
4. Competition for limited job openings: Urban areas attract a large number of job seekers due to the perception of better employment prospects. As a result, there is intense competition for limited job openings, making it difficult for individuals to secure employment despite their qualifications.
5. Inadequate infrastructure and resources: Urban areas may lack the necessary infrastructure and resources to support the growth of industries and businesses. This hinders job creation and exacerbates the problem of educated unemployment.
Conclusion:
In conclusion, educated unemployment is the major type of unemployment in urban areas. Factors such as rapid urbanization, mismatch between skills and job requirements, lack of job creation, competition for limited job openings, and inadequate infrastructure contribute to this issue. Addressing educated unemployment requires a comprehensive approach that focuses on skill development, promoting entrepreneurship, and creating an enabling environment for job creation in urban areas.
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