More employment seekers and less jobs
The number of people who annually reach working age are found
to be more than the availability of jobs. The International Labour Organisation
has forecasted that a few more millions are set to join the pool of the jobless
during this year and the next. There is a big number of people facing
vulnerable working conditions. The challenge for policymakers worldwide is to
ensure that incomes do not fall below the levels of basic subsistence
The generation of employment has been slowly declining
creating vast number of jobless youth working force. The industrialisation with
latest technology has displaced manual labour with machine labor and advanced
profitability to few oligarchs and business tycoons as reflected in world
economic surveys. The alternative lies in promoting agriculture sector and
allied industries which are labour - intensive and can boost food security and
economic development as well. Only a paradigm shift in policy can cater to
people's welfare.
Scholars are assuming that next decade will be fortunate in
nature not only for emerging economies but also for the whole world because new
opportunities will be emerged.
India has younger population which has reached enormous
proportions, with annual "job-needing" youngsters who enter the
market forming about 16 million to 18 million. Added to them, over 50% of the
500 million other able bodied working class are already in various struggle
levels of eking out their existence in fits and starts. It is now fairly well
understood that the so-called Globalization, which began in the early nineties
and started its hegemonic entries into almost the entire world, has created
more jobless than those who were benefited - although the population who
benefited have had it all great, relegating a huge volume of other population
into poverty levels. India, today, has about 450 million working class people
who are in that condition, and the Government (whichever party is at the
center) seem to care two hoots to solve this deadly problem of under-employment
and un-employment. The answer to this dangerous trends that bring forth huge
exoduses is Localization
There is a mismatch between the 'ready for job' population
and the creation of jobs. Beyond wage earners and salaried class the number of
people in vulnerable jobs are in hike and the global scenario in this regard is
not good to reduce the percentage with creation of jobs with security. The
global economic slow down and changes in the life style of people and policy of
polity reduced the creation of jobs. For example China's shift from export led
economy to consumption oriented concept led to loss of blue collar jobs. Trump
wants to regain all the jobs US has lost on outsourcing which will create
vulnerability for Indian jobs at US. Declining oil prices send thousands of
workers jobless on loss of demand. These vagaries in job market is gaining
momentum and the ILO must reduce the job market vagaries and reduce the
mismatch between the job seekers and the creation of the same.
For a populous country as ours, the present employment
strategies will not yield result and the number of educated unemployed will go
on increasing. Gandhiji's stress on handicrafts will yield some results.
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