oppn parties What Exactly is Unemployment?

News Snippets

  • The Indian envoy in Bangladesh was summoned by the country's government over the breach in the Bangladesh mission in Agartala
  • Bank account to soon have 4 nominees each
  • TMC and SP stayed away from the INDIA bloc protest over the Adani issue in the Lok Sabha
  • Delhi HC stops the police from arresting Nadeem Khan over a viral video which the police claimed promoted 'enmity'. Court says 'India's harmony not so fragile'
  • Trafiksol asked to refund IPO money by Sebi on account of alleged fraud
  • Re goes down to 84.76 against the USD but ends flat after RBI intervenes
  • Sin goods like tobacco, cigarettes and soft drinks likely to face 35% GST in the post-compensation cess era
  • Bank credit growth slows to 11% (20.6% last year) with retail oans also showing a slowdown
  • Stock markets continue their winning streak on Tuesday: Sensex jumps 597 points to 80845 and Nifty gains 181 points to 24457
  • Asian junior hockey: Defending champions India enter the finals by beating Malaysia 3-1, to play Pakistan for the title
  • Chess World title match: Ding Liren salvages a sraw in the 7th game which he almost lost
  • Experts speculate whether Ding Liren wants the world title match against D Gukesh to go into tie-break after he let off Gukesh easily in the 5th game
  • Tata Memorial Hospital and AIIMS have severely criticized former cricketer and Congress leader Navjot Singh Sidhu for claiming that his wife fought back cancer with home remedies like haldi, garlic and neem. The hospitals warned the public for not going for such unproven remedies and not delaying treatment as it could prove fatal
  • 3 persons died and scores of policemen wer injured when a survey of a mosque in Sambhal near Bareilly in UP turned violent
  • Bangladesh to review power pacts with Indian companies, including those of the Adani group
D Gukesh is the new chess world champion at 18, the first teen to wear the crown. Capitalizes on an error by Ding Liren to snatch the crown by winning the final game g
oppn parties
What Exactly is Unemployment?

By Slogger
First publised on 2018-02-05 20:09:44

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.