7. Measurement of Unemployment Rate
No. of Unemployed
Unemployment Rate =
Labour Force
100
• In India NSSO uses three concepts of unemployment
Usual status of unemployment ( 1 Year )
Current weekly status of unemployment ( 1 Day )
Current Daily status of unemployment ( 1 Hour )
10. Unemployment rate In Different Field
0
5
10
15
20
25
30
Apprentices With College Degree Without College Degree
2011
2012
2013
2014
11. Possible Solutions For Unemployment
• Improve Awareness of Available Jobs
• Encourage People To Take Different Jobs in Their Off
Seasons
• Greater Flow of Information
• Generate Employment