In India, what type of unemployment is created due to lack of employable skills among the educated youths in India?

The correct answer is Structural unemployment

Key Points

• Structural Unemployment: In India, structural unemployment occurs when there is a mismatch between the skills that workers possess and the skills required for available jobs. This often affects educated youth who may have qualifications but lack the employable skills demanded by the market.
• Education vs. Employability: Despite a growing number of educated individuals, many lack the specific skills required for modern industries, leading to a form of structural unemployment.
• Hence, option 2 (Structural unemployment) is correct.

Important Points

• Long-term Unemployment: Structural unemployment tends to persist over time if workers do not adapt to changing job requirements, leading to long-term unemployment.
• Need for Skill Development: To reduce structural unemployment, it is essential to provide skill development programs that align with industry demands and technological advancements.

Additional Information

• Global Phenomenon: Structural unemployment is not unique to India; many countries experience this issue due to rapid technological changes and evolving economic structures.
• Solution: Governments and institutions often focus on reskilling and upskilling programs to help bridge the gap between available jobs and the current workforce.