Determinants of Voluntary and Involuntary Unemployment Among Unemployed Youths
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Date
2012
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Abstract
The key strategy for achieving inclusive growth in the Eleventh Plan has been
generation of productive and gainful employment, with decent working conditions, on
a sufficient scale to absorb the growing labour force. The Eleventh Plan (2007-12) aims
at generation of 58 million work opportunities in twenty-one high growth sectors so
that the unemployment rate falls to 4,83 per cent by the end of the Plan. The 64th
round (2007-08) of NSSO survey on employment-unemployment indicates creation of
4 million work opportunities between 2004-05 and 2007-08. In the unemployment
problem in India, the educated unemployment problem is more severe. In this
backdrop, an attempt was made to analyse the determinants of voluntary and
involuntary unemployment.
The findings of the study shows that low qualification and low salary were the main
factors determining unemployment. Age, ownership of land and property and sex
were the dominant factors discriminating voluntary and involuntary unemployment.
Voluntarily unemployed were distinguishable from involuntarily unemployed by
higher level of age, higher number of males and lower value of property and land. The
males who were in the higher age group but unmarried were voluntarily unemployed.
These males were voluntarily unemployed due to dependence of their family income
and expecting self-employment opportunities.