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Dear Editor, With due regards, you utmost attention is required towards an ruinous commotion in the country which

is not only affecting the economical condition of the country but also leading to the loss of skillful and experienced workforce. Unemployment is now turning into a cancer for the country as its growing assiduously. Although there is a protracted list of factors playing part for the escalation of this woe but some are more crucial and worth discussing than the others. The exact cause of unemployment will always be disputed because there are numerous predictions, theories and explanations put forth by economists. Here we shall consider the Keynesian theory (of macroeconomics) explained by the renowned British economist John Maynard Keynes. This theory states that, unemployment is resulted from increase in demand rates while the economy operates below its growth rate and potential output. Henceforth, the economy faces a great blow under this circumstance.

Inflation is one of the oldest causes of unemployment. A state's economy faces a steep rise in prices as compared to other economies of the world. This leads to failure in exports as companies are not able to compete with others due to rise in price. Incomes suffer, people's savings fall and gradually companies start firing people, being unable to pay them on due time. Thus, the rate of unemployment increases.

Recession became one of the prime causes of unemployment in the United States in the year 2007. It became a global crisis wherein the rate of unemployment knew no bounds. A severe financial crisis hit almost all countries throughout the world. Rise in unemployment and sine die of established companies became a regular affair. People remained unemployed till the economies regained stability.

Welfare payments although are security measures for people, cause unemployment to some extent. The aids given by government to the unemployed people actually reduce their willingness to work. This is an indirect negative impact of extended unemployment benefits because people become more dependent on the grants they receive. They register for government grants even if

they are not looking for jobs, and the incentives they get are enough to fulfill their daily requirements. This way people remain deliberately unemployed.

Since technology keeps advancing with passing days, most companies look for a change in workforce. Although, they do not fire people randomly, they hire people having specialization in the advanced techniques. A kind of imbalance is caused when they stop involving their own employees in major areas of production and development. This gives rise to frustration in work and many tend to resign. Thus old employees get substituted by the new and the former remains unemployed either temporary or permanently. In short we can say that, job cuts due to changing technology elevates rate of seasonal unemployment.

Job satisfaction is quintessential for self progress and gaining stability in work. There are many people who take up jobs on temporary basis. The reasons being family pressure, financial crisis and for experience. However, a person who is not contented with his job can never continue it in the long run, because he is either making a compromise with his pay scale or his job profile. Thus, job dissatisfaction becomes one of the primary cause behind unemployment.

Often employees are not given the due recognition for their good performance and dedication. This creates an unfavorable work environment, which further demotivates employees. When values of employees are neglected by the organization, they lose interest in their work. It becomes an indirect way of compelling employees to leave their jobs. People remain unemployed until they find a good job.

Racial discrimination still prevails in many organizations. It's one of the most serious cause of unemployment. People who are not citizens of that particular country remain unemployed due to discrimination on grounds of race, religion, caste and ethnicity. It becomes very difficult to find out a decent job under such circumstances. Thus, earning money for survival becomes difficult and ultimately they are forced to leave the country. Collecting unemployment benefits is important for a person who lost his or her job. It helps workers get through rough times and let them keep their possessions and their homes.

Nevertheless, unemployment benefits can have its drawback and at worst, could create a cycle of welfare that has negative effects on people, businesses and the society as a whole. One of the disadvantages of this benefit is that it is not free money. It is money you already paid from your previous jobs and given back to you the moment you lose your job. To receive your unemployment benefits, you have to look for a new job everyday and report your searches. The income is smaller than your previous salary. With unemployment benefits, a person experiences loss of pay check, personal identity and could lead to crime, heart illness and mental illness. For a business during recession, most qualified people can only find a job that offers less than their present unemployment benefit, putting business at a disadvantage since quality workers demand higher salaries. These people often prefer unemployment benefits and business is affected due to the lack of workers. For society, the more people receiving unemployment benefits, the less money in the unemployment insurance account. People with work and pay taxes are burdened by the increased taxation that is mean to cover for those filing for unemployment.

government should try to adopt labour intensive techniques for new fields of production. To solve the problem of industrial unemployment, remedy lies in stepping up industrial efficiency. There is no second opinion to say that population is rising at a very high speed. Unless this problem is not checked, the problem of unemployment cannot be solved properly. As regards the problem of educated unemployment, government should reconstruct and overhaul the education system according to the changing environment of the country. Experience shows that lack of gainful opportunities of employment in villages and small towns has led to the migration of people to metropolitan cities in search of alternative jobs. To provide the opportunities for self employment, small scale industries should be given top priority. They should be provided liberal loans, raw material training facilities and infrastructure and market facilities etc.

As rural sector is dominant and agriculture is the basic occupation of the people, therefore, urgent need of the hour is to introduce rural development schemes.

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