Generale de Theory de Unemploymente

I am attempting to put some additional thoughts on the so called theory of unemployment after having some feedback from friends on the earlier part. Though they are very much agreed with the points in the earlier one, but it entered some narrower zone, may be because of the wrong example which I took to elaborate. Now I am trying to make it something general which could apply to any educational stream.

As I said earlier that increasing rate of unemployment is because of the mismatch between industry's requirement and institution's redundancy in imparting the desired knowledge. Another important reason is compromises of potential workforce due to lack of understanding of the difference between "job" and a "career".

Important aspect of unemployment is corporate world's rigidity, in the sense that, every company which came up with job offering put "experience" clause in their eligibility requirements. If every company do so, then from where the candidate gets the experience. Rather, they should consider "freshers" also, as they are fresh blood and mind to the organization and can be beneficial for the same, as the latter can mould them as per their operations and needs.

In order to reduce this increasing gap both i.e., educational institutions and corporate world need to work in collaboration. Educational institutions should design courses as per the industry need and demands and corporate world should become more flexible in order to give opportunities to fresh minds.

Fresh and energetic minds with support of applied skills and experienced corporate guidance can create miracles. It's the way how we perceive about a particular opportunity i.e., its upto us whether we encash it or we let it go. In today's time, although educational system is so flexible that everyone at any point of time can switch from one area of education to another but corporate world isn't that so. When three of them i.e., individual, educational institution and corporate world get together like a single force then no one can stop India from taking its world leader position.

Think about it!!!!