oppn parties What Exactly is Unemployment?

News Snippets

  • Crude prices fall sharply as Saudi Arabia assures normal production in a few weeks. Prices fall by 5.4% to $65.30 per barrel
  • Sensex tumbles 700 points over fears that rising crude prices will deal a body blow to the tottering Indian economy
  • As Rajeev Kumar fails to appear before the CBI despite several notices, the agency forms a special team to locate and apprehend him
  • S Jaishankar says Pakistan is not a normal neighbour and its behaviour is a "set of aberrations"
  • External Affairs Minister S Jaishankar says PoK in Indian territory and the country hopes to have physical jurisdiction over it one day
  • Barasat Sessions court near Kolkata rejects Rajeev Kumar anticipatory bail application citing lack of jurisdiction as the reason
  • PM Modi celebrates his birthday with Narmada aarti and later has lunch with his mother.
  • All 6 Bahujan Samaj Party MLAs merge with the Congress in Rajasthan
  • Bengal CM Mamata Banerjee to meet PM Modi on Wednesday, state issues on the agenda
  • Pakistan to open Kartarpur corridor on Nov 9
  • Rajeev Kumar, ex-police commissioner of Kolkata and wanted for questioning in the Sarada scam does not appear before the CBI despite the state administration requesting him to do so
  • Supreme Court asks the Centre to restore normalcy in J&K but keeping national interest in mind
  • As Trump accepts the invitation to attend a programme in Houston with PM Modi, India rushes to settle trade issues with US
  • After drone attack on Aramco's Suadi Arabia facility, oil prices jump 19% in intra-day trading causing worries for India
  • Imran Khan raises nuclear war bogey again, says if Pakistan loses a conventional war, it might fight till the end with its nuclear arsenal
Sunni Wakf Board and Nirvani Akhara write to the Supreme Court for a negotiated settlement to the Ayodhya dispute
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What Exactly is Unemployment?

By Slogger

About the Author

Sunil Garodia Holding an extreme view and carting the ball out of the park is what interests him most. He is a hard hitter at all times. Fasten your seatbelts and read.
Before starting this article, three things need to be clarified. One, any kind of gainful employment technically makes one employed and he or she cannot be termed unemployed, for one of the definitions of employment is “an occupation by which a person earns a living”. Two, if one has studied for a course and has obtained a degree or diploma; one would normally expect to be employed in a manner which makes use of that degree or diploma. Finally, a government job is not the only criterion for taking away the unemployed tag.

These clarifications were necessary because across the country, people consider themselves unemployed if they do not have a government job. Employment exchanges are full of applicants who are actually employed in the private sector or are running their own businesses but have not taken their names off the roster in the hope of getting a government job. In that sense, unemployment figures in India are highly bloated.

Ideally, if a person has studied to be an engineer but is employed as a clerk in the absence of an engineering job, he has reasons to be unsatisfied. But is he unemployed? Obviously it is the failure of governance if new jobs in the engineering field fail to keep pace with the number of new engineers being churned out by the mushrooming institutes, but an engineer working in any other capacity is not unemployed.

Finally, much is being made of the selling pakodas remark of the prime minister. Maybe he used a wrong analogy, but what he perhaps meant to say was people who claim to be unemployed are gainfully employed doing whatever comes their way. Although it was not an ideal situation for the educated, it still made them make ends meet. Perhaps the prime minister is not able to understand the frustration one encounters when one has to sell pakodas despite having an engineering (or any other) degree. But he has made a valid point about what constitutes unemployment.