When a person who is constantly looking for a job is unable to obtain work, they are said to be unemployed. Unemployment is regarded as a leading sign of the economy's health. The most widely used indicator of labor force participation, which is calculated by dividing the total number of jobless employees by the total number of workers in the labor force.
Causes of Unemployment:
1. Slow Rate of Economic Growth: Slow economic growth is one of the most popular causes of Unemployment. In the Slow Rate of Economic growth, employment opportunities created under the plans could not keep peace with the addition to the labor force.
2. Poor Education System: India's current education system is deeply flawed, as it makes no scope for technical and vocational education.
3. Population Explosion: It has not been possible to generate so many employment opportunities to absorb the large growing labor force.
4. Labor-intensive sectors suffering from the slowdown in private investment.
These are the major causes of Unemployment in India.