Educated unemployment is a situation where a number of youth with matriculation, graduation, and post-graduation degrees are not able to find suitable jobs. It is a peculiar problem of urban India because it leads to the wastage of capable human resources on which a lot of other resources have been spent. The problem of educated unemployment arises due to the following reasons:
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Lack of job opportunities: The number of educated people coming out of educational institutions is increasing every year, but employment generation in various sectors is not keeping pace with it.
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Lack of skills: Education and skill are the major determinants of the earning of any individual in the market. Due to gender discrimination, women are generally denied education and the necessary skills to become worthy contributors to the national income. As a result, a majority of women have meager education and low skill formation. This is one of the reasons why they get paid less than men.
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Lack of quality education: The education system in India is not up to the mark, and the quality of education is not uniform across the country. Many students are not able to acquire the necessary skills and knowledge required for the job market.
To mitigate the problem of educated unemployment, the education system needs to take some measures such as:
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Skill-based education: The education system should focus on providing skill-based education to students so that they can acquire the necessary skills required for the job market.
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Entrepreneurship development: The education system should encourage entrepreneurship development among students so that they can create job opportunities for themselves and others.
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Industry-academia collaboration: The education system should collaborate with industries to provide practical training to students and make them job-ready.
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Career counseling: The education system should provide career counseling to students to help them choose the right career path based on their skills and interests.
In conclusion, educated unemployment is a peculiar problem of India, and it arises due to various reasons such as lack of job opportunities, lack of skills, and lack of quality education. The education system needs to take measures such as skill-based education, entrepreneurship development, industry-academia coll...