Why is unemployment is more than employment?

Question

Answer

Due to illetrate peoples,lack of skills and less factories

Answer

There is more unemployed person rather than employed people because of illitereaticy and uneducated.. More persons are not interested in knowing the importance of education.

Answer

Because all wants to become a king no one wants to become a minister. There are so many jobs that can be done by using only mind.

Answer

Reasons for Higher Unemployment Rates
Unemployment being higher than employment can be attributed to several factors:

Lack of Skills
One of the primary reasons for higher unemployment rates is the lack of skills among the workforce. With technological advancements and changing market demands, individuals who do not possess the required skills find it challenging to secure employment.

Economic Downturn
During economic downturns, many organizations resort to downsizing or freezing hiring processes, leading to a decrease in employment opportunities. This results in a higher number of individuals seeking employment but unable to find suitable jobs.

Automation and Outsourcing
The automation of tasks and outsourcing of jobs to countries with lower labor costs have also contributed to higher unemployment rates. This leads to a reduction in the number of available jobs in certain industries, leaving many individuals unemployed.

Population Growth
Population growth can also play a role in higher unemployment rates. As the population increases, the number of individuals entering the workforce also rises, creating more competition for available jobs.

Mismatch of Skills and Jobs
There is often a mismatch between the skills possessed by job seekers and the requirements of available jobs. This discrepancy results in individuals being unemployed despite there being open positions in the market.

Conclusion
In conclusion, the higher rate of unemployment compared to employment can be attributed to various factors such as lack of skills, economic downturns, automation, population growth, and mismatch of skills and jobs. Addressing these issues through education and training programs, economic policies, and workforce development initiatives can help reduce unemployment rates and create more job opportunities for individuals.

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