BA English Essay: Unemployment

BA English Essay: Unemployment

Unemployment is when a person between the ages of 18 and 65 is willing and able to work, but cannot find a job. Unemployment has crippled many economies in the world including Pakistan. It is one of the main objectives of a government to reduce unemployment.

One of the major causes of unemployment is lack of capital. Capital is another name for investment. It is imperative for an economy to be injected with foreign investment as it also encourages the local investors to make the move. People are not motivated to initiate a business which results in limited job opportunities. Another major cause of the unemployment is the mindset of the people of Pakistan. Students always expect to do a job after the completion of their education and they are never inclined to start their own business. This is the reason people keep waiting for the job and are ultimately discontented with their lives.

Some people link unemployment to lack of skill, but I believe that unemployment is lack of demand rather than lack of skill. An employer will not employ people in his or her organization due to the fact that he or she does not have enough demand for the products which are to be produced in his or her company. The only way to increase the demand for the products is to increase the real income of the middle class in the country.

Thriving economies like India and China have been encouraging their young people to be entrepreneurs whereas the Government of Pakistan especially Punjab Government is making every effort to throw all the skilled people out of the country. The government should hold workshops to make young educated people aware of the whole notion of small business. Another way to get rid of this menace is to reduce employment benefits. Unemployment benefit is the money given to a person who does not find job. This money should be sufficient to meet the everyday need of the person. Upon getting this unemployment benefit most people become lethargic and they stop searching for work which starts the vicious circle of unemployment.

Unemployment can have devastating effect on the people. Every effort should be made by the government to provide ample opportunities to the people who are willing to work. The government should also safeguard the interests of the people who cannot work.