Yesterday (blog entry dated 3-3-2012) we
have seen certain facts regarding the increasing economic inequalities in the world to understand how
the wealth is being concentrated with a few people while vast majority of the
people are facing poverty. Yesterday’s blog entry may be treated as Part-1 of a
series of blog entries giving important details regarding the economic and
political trends deciding the way in which the world we live in today is moving
on and effecting our lives and thoughts.
Another important feature creating
serious problem to the vast majority of the people in the present day world is
the growing unemployment. As per the World of Work report published by the UN
affiliated International Labour Organisation (ILO) on 30-10-2011, the global
economy is on the verge of a new and deeper job recession and the austerity
policies (job cuts, pension cuts, cuts in welfare measures etc) being followed
by the Governmetns in the developed and developing countries are further making
the situation worse.
Out of the potential work force (people
in the age capable of doing work) of 323 crores in the world, 20 crore are
unemployed. That is, the unemployment rate is 6.2 percent in the world taken as
a whole. In countries like Spain and Greece, it is 40 per cent. The
unemployment increased after 2007. 4.3 crore people lost their jobs after 2007.
To reach the stage of employment that prevailed in 2007, the world needs at
least 5 years, upto 2016 or 2017. The special study made by the ILO showed that
popular discontent was spreading and the risk of social unrest is higher than
last year in one third of the 119 countries studied for preparing the report.
As per the Human Development Report 2010, unemployment and poverty worsened
sharply . The unemployment in 2010 reached 10 per cent imn US, and the average
unemployment in the developed countries in 2010 was 9 per cent.
Even among the employed (about 300
crores in the world), 153 crores are in vulnerable employment ( those working
on own account or unpaid family work) working on own account. 63 crore workers
(20.7 per cent among all workers in the world) are living with their families
at the extreme 1.25 dollar a day ( about Rs 63 per day).
In India, as per the data published by
the NSSO(National Sample Survey Organisation), there is a dramatic falling down
in the growth rate of employment. During the years 2000 to 2005, the growth
rate of employment was 2.7 per cent. But it fell down to a mere 0.8 per cent
during 2005-2010, that is almost no growth in the employment. But it is to be
noted that during the period 2005-10, the growth rate of Indian economy (GDP
growth rate) was 8 per cent. Thus although the Indian economy grew at a rate of
8 per cent per uear during 2005-10, the groth in employment is only 0.8 per
cent. This is “jobless growth”. 51 per cent of the workers are “self employed”
and another 15.6 per cent are “casual” labour. Thus the vast majority of the
workers, almost 87 per cent, are in the unorganised sector getting poverty
level wages.
కామెంట్లు లేవు:
కామెంట్ను పోస్ట్ చేయండి