Unemployment of India compared with the USA Unemployment

A very important issue that plays a crucial role in development of the economies of India is the underutilization of its human capital or in other words unemployment. It is described as the number of people actively looking for job by the labor force (Includes only those people who are willing to work, and are either employed or looking for jobs).Major problem of our country is unemployment. Many graduates, doctors, engineers, scientist are unemployed.
Due to unemployment we are wasting our country’s human resource. The unemployed rate in between age group 15- 29 has been increased since 2009-2010. According to the Global Employment Trends 2014 the unemployment rate has raised to 3.8%, last year it was 3.7%. The International Labour Organisation (ILO) has said in the recent report that India has shown rise in the unemployment in the last two years. If the problem of unemployment is solved it will help in development of the country. With Population of 1.20 billion in our country the unemployment rate is increasing very rapidly . The problem of unemployment is rising but still many industries are facing the problem of skilled candidate for their company. Currently , its  boom for software companies, Outsourcing companies in India, but still facing the problem of unemployment.

The unemployment rate in the United States was 5.3% or 8.3 million people,[while the government's broader U-6 unemployment rate, which includes the part-time underemployed was 10.5% or 16.5 million people.

The factor effecting the unemployment in India

1. Rising opportunities of employment with rise of population is causing unemployment. If the population grows in the same rate the next generation will face more problems of unemployment. If there is vacancy for 1 position 100 or 1000 apply for the position and only one gets the job and others remain unemployed.
2. Inflation is biggest cause.
3. Indians don’t take jobs which are below their grades. Many find it difficult to work at the below qualification level job.
4. Low wages
5. Many big industries look for the skilled candidate for the specific designation.
6. Recession
7. Many Employers give preference to the experienced candidates only and not the fresher.
8. Not enough or new jobs. Government is not able to create enough jobs keeping in mind the Indian population.
9. Slow business expansion
10. Growth in technology is decreasing the need the of human resource for the job.
11. Corruption increasing very fast.

The factor effecting the unemployment in USA

1)      The decline of the construction and real estate industry which supported a large services  structure (commonly known as FIRE: finance, insurance, and real estate).

2)      Demographics related to retiring baby boomers will force them to continue to work to prepare for retirement which makes them compete for lower paying jobs.

3)      A more competitive world that is able to compete with American expertise as their economies improve and provide more jobs for highly skilled services which may reduce the pool for available technical skills.

4)      A dumbing down of our educational system that turns out more communications majors than software engineers.

5)      Inevitable higher taxation in the US that will drain more capital from the economy.

6)      Government spending takes a larger and larger share of GDP.

7)       A monetary system that continues to debase the dollar and wipe out real savings needed for expansion.

Problem caused by the unemployment in India

• Unemployment and poverty goes side by side. The problem of unemployment gives rise to the problem of poverty.
• Young people after a long time of unemployment find the wrong way to earn money.
• To get rid from the unemployment stress, they accept alcohol or drugs.
• Unemployed youths accepts suicide as the last option of their life
• Lower economic growth
• Increase rate in Crimes. As the employed youth don’t have anything to do they start doing robbery, murder etc.
• Health issue affects mentally as well as physically.

Solutions to the unemployment in India

1.      The very first solution for the unemployment is to control the rising population of our country. There should be the implementation of certain government schemes for family planning.

2.       The quality of Indian education should be improved. The current education system is not upto the level.

3.      Implementation vocational training workshops for providing an opportunity of people to learn new skills.

4.      Government should encourage and develop the agriculture based industries in rural areas so that the rural candidates don’t migrate to the urban areas.

5.      Rapid Industrialization should be created.

6.      Development of the rural areas will stop the migration of the rural people to the urban cities and this will not put more pressure on the urban city jobs.

7.      Government should allow more foreign companies to open their unit in India, so that more employment opportunities will be available.

Solutions to the unemployment in USA

1)      Innovation

Further, the salaries attributed to this product were overwhelmingly distributed to highly skilled U.S. professionals, as opposed to lower skilled U.S. retail employees or overseas manufacturing labor. Increasingly, globalization is shifting incomes to those with the highest educational backgrounds and professional skills.

2)      Industry- specific factors

There is more focus on construction and manufacturing industries for creating more jobs.

3)      Policies

More focus upon Fiscal Policy , Monetory and Tax policy .

4)      Lower healthcare cost

 Businesses are faced with paying the healthcare costs of their employees.

In September 2015, the unemployment reached a mark that 23 lakh people applied for 368 posts of peon in the state secretariat in Uttar Pradesh. Among the applicants, 255 candidates with a PhD degree and more than two lakh hold BTech, BSc, Mcom and MSc degrees.

Unemployment rate from 2010 to 2020 in USA

This statistic shows the unemployment rate in the United States from 2010 to 2014, with projections up until 2020. In 2014, the unemployment rate among the United States population  ranged at approximately six percent.

Unemployment rate from 2010 to 2014 in India

 

India is fast developing country and is unemployment rate is decreasing rapidly as government is taking many new initiatives like Make in India and digital India which will give boom to manufacturing and technology and will definitely improve the employment in future.

Only Love and Only U

Lemme tellya sumthin abt true luv...n plz donn seek n e new theories tht hvnt been told b4...this is a "wahi puraani" old story.
"The Course of TRUE LOVE never runs smooth"
Many of u thinking why to START the topic of love by frightening evry1 by its very first sight. But i say if u understand these words u will b able to live a very trance of ur life which will make u feel those emotions which n e other relation cant. Love is tht magician tht pulls a man out of his own hat. it makes u cry and laugh at the same tm, it makes u scream and soliloquial at n e moment, it can make u wonder ur whole lyf and at the same moment it can give u evrythin u want n believe me guys u all have heard this words zillions of times bt i've heard them after i had discovered them on my own. Yes, i didnt knew wht love was but sum moments in lyf comes, when one flash is all tht is needed to change ur lyf completely. The tym when u want to look upon sumone bt ur mind blocks ol the activities of body. Tht tym i wondered, nothin in this world can stop the voluntry activities of muscles, even after death cells keeps on mutaing and growing, bt at tht moment evrything stops te world around u seems to have been vanished, there is only u and tht person u see.
This is the very beggining of love.
After tht lyf changes it turns u and ur world upside down, sideways blur all other things around.
Many ppl in the wrld thinks tht love is never easy, tht why i started my post with taht quote.Tht has an underlying meaning within it. First, if u donn hv courage 2 face the wrld, for u the quote will mean tht love gives pain. But for my those frns who understand love will say "if the course is nt going strong be happy MY LOVE IS TRUE".
So guys and gals go aroung love to the fullest, love sumone like u hv never loved b4, and beleieve me it will give u the ultimate pleasure in lyf and turns ur lyf in to new xperiencce which lots of ppl in lyf wander to live. thts all i wanna say...

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See the past and then Imagine Future

TECHNOVATING INDIA

India, the country of Inventions and Scientists is now becoming the better and better in Technology day by day.

It is young India of youth which are we, and we are better playing our role to technovate our country.

It is country producing above 5, 00,000 Engineers every year and they are the best in the world.

Either the Computer Programming or the Field of Electronics we are becoming best. The Foreign Companies have to look for us whenever they need best Engineers. The Civil and Mechanical Engineers are developing the new methods and inventing new technologies and now have a great impact on world.

If we go through the Medicals also Indian Doctors have invented new therapies for the patients of the world.

Our defense is becoming best due to too many inventions in the field of Missiles and weapons. We have the best of the Institutes with best Faculties who are training their students very well.

Here are some links to show you the sight of Indian contribution in science:

§ Atomism: The earliest references to the concept of atoms date back to India in the 6th century BCE.^[228][229] The Nyaya and Vaisheshika schools developed elaborate theories of how atoms combined into more complex objects (first in pairs, then trios of pairs).

§ Ammonium nitrite, synthesis in pure form: Prafulla Chandra Roy managed to synthesize N_H4N_O2 in its pure form, and became the first scientist to have done so.

§ Bhabha scattering: In 1935, Indian nuclear physicist Homi J. Bhabha published a paper in theProceedings of the Royal Society, Series A, in which he performed the first calculation to determine the cross section of electron-positron scattering. Electron-positron scattering was later named Bhabha scattering, in honor of his contributions in the field.

§ Bose–Einstein statistics, condensate and Boson: On June 4, 1924 the Bengali professor of Physics Satyendra Nath Bose mailed a short manuscript to Albert Einstein entitled Planck's Law and the Light Quantum Hypothesis seeking Einstein's influence to get it published after it was rejected by the prestigious journal Philosophical Magazine. The paper introduced what is today called Bose statistics, which showed how it could be used to derive the Planck blackbody spectrum from the assumption that light was made of photons. Einstein, recognizing the importance of the paper translated it into German himself and submitted it on Bose's behalf to the prestigious Zeitschrift für Physik. Einstein later applied Bose's principles on particles with mass and quickly predicted the Bose-Einstein condensate.

§ Chandrasekhar limit and Chandrasekhar number: Discovered by and named after Subrahmanyan Chandrasekhar, who received the Nobel Prize in Physics in 1983 for his work on stellar structure and stellar evolution.

§ Cosmic ray showers, theoretical explanation of: In 1936, physicist Homi Jehangir Bhabha collaborated with Walter Heitler to formulate a theory on cosmic ray showers.

§ Formal language and formal grammar: The 4th century BCE Indian scholar Pāṇini is regarded as the forerunner to these modern linguistic fields.

§ Galena, applied use in electronics of: Bengali scientist Jagadish Chandra Bose effectively used Galena crystals for constructing radio receivers. The Galena receivers of Bose were used to receive signals comprising of shortwave, white light and ultraviolet light. In 1904 Bose patented the use of Galena Detector which he called Point Contact Diode using Galena.

§ Linguistics: The study of linguistics in India dates back at least two and one-half millennia. During the 5th century BCE, the Indian scholar Pāṇini had made several discoveries in the fields of phonetics, phonology, and morphology.

§ Mahalanobis distance: Introduced in 1936 by the Indian (Bengali) statistician Prasanta Chandra Mahalanobis (June 29, 1893–June 28, 1972), this distance measure, based upon the correlation between variables, is used to identify and analyze differing pattern with respect to one base.

§ Mercurous Nitrite: The compound mercurous nitrite was discovered in 1896 by the Bengali chemist Prafulla Chandra Roy, who published his findings in the Journal of Asiatic Society of Bengal. The discovery contributed as a base for significant future research in the field of chemistry.

§ Molecular biophysics: Gopalasamudram Narayana Iyer Ramachandran is considered one of the founders of the rapidly developing field of molecular biophysics, for bringing together different components such as peptide synthesis, X-ray crystallography, NMR and other optical studies, and physico-chemical experimentation, together into the one field of molecular biophysics. He founded the first Molecular Biophysics Unit in 1970.

§ Panini-Backus Form: Pāṇini's grammar rules have have significant similarities to the Backus–Naur Form or BNF grammars used to describe modern programming languages, hence the notation is sometimes referred to as the Panini–Backus Form.

§ Ramachandran plot, Ramachandran map, and Ramachandran angles: The Ramachandran plot and Ramachandran map were developed by Gopalasamudram Narayana Iyer Ramachandran, who published his results in the Journal of Molecular Biology in 1963. He also developed the Ramachandran angles, which serve as a convenient tool for communication, representation, and various kinds of data analysis.

§ Raman Effect: The Encyclopedia Britannica (2008) reports: "change in the wavelength of light that occurs when a light beam is deflected by molecules. The phenomenon is named for Sir Chandrasekhara Venkata Raman, who discovered it in 1928. When a beam of light traverses a dust-free, transparent sample of a chemical compound, a small fraction of the light emerges in directions other than that of the incident (incoming) beam. Most of this scattered light is of unchanged wavelength. A small part, however, has wavelengths different from that of the incident light; its presence is a result of the Raman Effect."

§ Raychaudhuri equation: Discovered by the Bengali physicist Amal Kumar Raychaudhuri in 1954. This was a key ingredient of thePenrose-Hawking singularity theorems of general relativity.

§ Saha ionization equation: The Saha equation, derived by the Bengali scientist Meghnad Saha (October 6, 1893 – February 16, 1956) in 1920, conceptualizes ionizations in context of stellar atmospheres.

(Source Wikipedia)

If it is this much then I will say that our India is technovating.

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