Decrease in Generation of Jobs

Updated on: Monday, August 05, 2013

Employability for the qualified students becomes a big issue recently. Job generation in Chennai has shown a decrease of 21% in April – June quarter comparatively.   This may be due to the power crisis and as a result the closure of several small and medium enterprises.  In the earlier quarter around 10,200 jobs were created whole in this April-June quarter creation of jobs are simply 8000.  This is indicates by the Associated Chambers of Commerce and Industry of Trade power crisis is identified on the main reason for this alarming decline.  The other factors for the decline.  The other factors for the decline in job generation may be world level economic decline, decrease in industrial production, high inflation and disadvantageous market situations.

 

 

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