For candidates preparing for UPSC, unemployment in India can be asked in GS I or as an essay question. Therefore, this article will discuss detailed information on unemployment in India, types of unemployment, causes and government initiatives to control unemployment in India. Candidates appearing for UPSC 2023 can go through the following links: Learn about frictional, structural, cyclical, and institutional unemployment, and how they affect the economy and the labor force. See real-life examples of each type and how to deal with them. Read Unemployment in India, its types, major causes, and consequences on economy & society. Learn key concepts for UPSC, exams and academic studies. Unemployment results in reduced demand, consumption, and buying power, which in turn causes lower profits for businesses and leads to budget cuts and workforce reductions. It creates a cycle that goes on and on that is difficult to reverse without some type of intervention. Long-term Unemployment vs. Short-term Unemployment
