CAUSES AND EFFECTS OF UNEMPLOYMENT WITH SPECIAL EMPHASIS TO COVID-19 SCENARIO

Author – SHAURYA SHRESTHA AWASTHI, Student of National University of Study and Research in Law, Ranchi.

Best Citation – SHAURYA SHRESTHA AWASTHI, CAUSES AND EFFECTS OF UNEMPLOYMENT WITH SPECIAL EMPHASIS TO COVID-19 SCENARIO, Law and Social Policy Review, 1 (1) of 2023, Pg. 1, ISBN – 978-81-960677-7-9.

ABSTRACT

Unemployment refers to a situation when a person is willing to work but does not get a job at the existing wage rate. Today, our country is witnessing many serious problems and among one of them is unemployment. The problem of unemployment results in many other problems such as poverty, malnutrition, under-development of economy etc. Unemployment is one of the most serious problems for both developing and developed countries. Despite many policy initiatives and programmes, India continues to suffer from the problem of unemployment. In the Covid-19 scenario, the unemployment rate significantly increased. The impact of lockdown and many other supporting factors significantly rosed the rate of unemployment in the country. Moreover, the problem of unemployment also posed various challenges in Covid-19 scenario. In this research paper, the researcher tends to analyse the usual causes and effects of unemployment. Moreover, the researcher also specifically analysed the different causes and effects of unemployment in Covid-19 scenario. At last, the researcher will try to suggest some solutions for dealing with the problem of unemployment in an effective manner.

KEYWORDS: unemployment, Covid-19, economy, poverty, under-development