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Showing posts with the label Centre for Monitoring Indian Economy

Unemployment Issue In India

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  India’s unemployment situation presents a complex picture. Government data suggests a significant decline in the national unemployment rate, reaching 3.2% in 2022-23 [ NDTV ]. However, independent studies paint a different picture, with the   Centre for Monitoring Indian Economy   (CMIE) reporting a rate of 6.8% in January 2024 [Forbes India]. While the reasons for the   unemployment issue in India   require further analysis, there are undeniable challenges in the job market. The Core Argument – Unemployment Issue In India:- We are likely to criticize the gap between the government’s reported figures and the reality faced by millions of Indians. India’s lack of good job opportunities forces many highly educated graduates to take low-skilled positions, hindering their potential. The Impact of Unemployment:- We, are likely to explore the human cost of unemployment. The frustration of people, which results committing to do suicide, who are unable to find suitable jobs, because of:- The