Unemployment is a central and critical problem because when unemployment is high, resources are wasted and people’s incomes are depressed.
During such periods, economic distress also spills over to affect people’s emotions and family lives. Unemployment has proved one of the major challenges of modern macroeconomics. It is not a curse but an issue that needs to be solved. Main reasons of unemployment are lack of social skills, illiteracy and lack of advanced technologies and slow growth of industries.
An unemployed person is the one who has ability to do work and is willing to do work but he is unable to get job opportunity. The socio economic system of the country and institutions has failed to provide employment to the people.
Technical, professional and vocational institutions are limited in number. There is no educational planning. There is a basic lack of technical and vocational institutions. Public attitude towards education is wrong, they want to get their degrees in general and arts subjects.
Nobody can set up his own business without technical education. The higher growth rate of population is another major cause of unemployment.