The following are the main causes of unemployment:
- (i) Caste System:
- (ii) Slow Economic Growth:
- (iii) Increase in Population:
- (iv) Agriculture is a Seasonal Occupation:
- (v) Joint Family System:
- (vi) Fall of Cottage and Small industries:
- (vii) Slow Growth of Industrialisation:
- (ix) Causes of Under Employment:
Why do employers employ females than males?
Hiring more women ensures that a company’s work force is representative of its client base and provides better knowledge on consumer preference: women worldwide influence up to 80% of the purchase decisions.
What jobs didn’t exist 15 years ago?
Jobs That Didn’t Exist 15 Years Ago:
- App designer: As mentioned earlier, in the past 15 years, due to the onset of technology and its development, the electronics market grew rapidly.
- App development:
- Big data analyst:
- Cloud services specialist:
- Market research/data miner:
Does the US have a labor shortage?
The reasons behind the labor shortage are complex, yet becoming increasingly clear. The economic data is fairly clear: employers are getting desperate for workers in the United States. By the end of April 2021, job openings rose to an unprecedented 9.3 million, according to the Bureau of Labor Statistics.
