Question
Discuss the consequences of the problems of ‘educated unemployment’.
Answer :
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Educated unemployment refers to the condition in which individuals possessing educational qualifications, technical skills, or professional degrees are unable to find suitable employment matching their education and abilities. It has become a serious social and economic problem in India due to rapid expansion of higher education, population growth, limited employment opportunities, technological changes, and the mismatch between educational curricula and labour market requirements. The consequences of educated unemployment extend beyond the individual and affect families, society, the economy, and national development. One of the most significant consequences is economic insecurity. Educated unemployed individuals remain financially dependent on their families for extended periods. This dependence reduces household savings, increases financial stress, and delays economic independence. Families often invest substantial resources in education with the expectation of improved employment prospects, but unemployment results in disappointment and financial burden. Educated unemployment also leads to underemployment, where qualified individuals accept jobs below their educational level or work in low-paying informal sectors.
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