International Labor Organization (ILO) has recently reported that there is a rapid increase in unemployment in India. ILO also says that the rate of unemployment could rise to 3.8% this year. Unemployment in India is one of the major issues that is holding the growth of the nation and its economic progress. Reasons and Reports of Unemployment The most common factors that induce the unemployment are decline of nation's economy and business activities. Top multinational companies like Mahindra Group, VP Global, Ritu Mehrotra and Talent Management of Bristle-cone are insisting that the increase in unemployment is due to the migration of people from rural areas to urban areas. Increase in Competition The rise of unemployment levels always leads to heavy competition and only the talented candidates manage to survive in their carrier. Despite of graduation, majority of youth between the ages 18 to 25 are struggling so hard in securing a job. Softlogic Systems in Chennai...
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