Friday, November 27, 2015

Unemployment.

The issue of unemployment is a severe issue all over the world. In defining unemployment we say the ones who are currently unemployed though they like to be employed/ though they deserve to be employed.  Or the ones who like to join the work force though they want to. The causes of unemployment are vast. In the first if there is a mismatch between the demand of job seekers and the availability of job opportunities.These days let it be private sector or the government every one wishes an employee with high developmental level of skills; soft skills, interpersonal skills, and other job related skills. So if there are so many degree holders passing out in great numbers they may lack skills developments and personality traits. The main reason for this is the education system in Sri Lanka is highly exam-oriented not job oriented or skill oriented where as in foreign countries education system is as the above mentioned two so that even though they can't find jobs they engage themselves in self employment or initiating business deals. Secondly technological change in industries. Often technology plays a major role in jobs these days. So though a person is highly educated if he/ she lacks the skill in handling technology he/ she is unable to find jobs. That's why Information Communication and Technology is introduced in the school curriculum as a compulsory subject for secondary level students. So when they learn it from school level it becomes naturalized in their cognitive development and no longer they have to learn it anew when about to find jobs or in tertiary levels. Thirdly if one person is moving from one job to another job and if one person gets professional vacations such as leave for higher studies or maternity leave there'll be a temporary unemployment. Fourthly when there is a change in the government  and the prevailing government introduces some new economic policies there'll be changes in industrial sector and the job market. When discussing of the effects of unemployment first and foremost it affects the individual income, thereby it affects the income level of the family and it decides or brings a change in the power of consuming. When most of the citizens of the country are employed it increases the percentage of GDP and GNP and it brings a high level of foreign currency inflow into the country if the citizens are employed overseas. So ultimately it decides the development of the country in the long run. 

So the more this problem handled effectively the more it's good to the well being of the country. So let's eradicate this problem by being initiative. 
Om Sri Sai Ram!!!

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