Archive for the ‘Jobs’ Category

Unemployment Issues

Monday, April 27th, 2009

Southern Asia and India show high levels of unemployment in the global market. Although the GDP seems to have hiked about 20 to 34% yet there remains no progress in the statistics of the number of unemployed in these regions. Though liberalization and industrialization have increased considerably over a period of time yet the stats of the level of employment do not show any increase at all. One-fifth of the labour force of Asia Pacific is made of youth and that is roughly about only half of the jobless population. Now, that fact definitely calls in for a Paradigm shift, doesn’t it?