Comments by "红火树 RedFireTree" (@firetree2007) on "" video.

  1. Harvard Business Review reported "Less than half of the 950 million working-age population is actually employed""Bleak as this statistic is, the reality is worse. According to the Periodic Labor Force Survey, some half of all those workers are self-employed, a category that includes “unpaid helpers in family enterprises,”___Harvard Business review, by Bhaskar Chakravorti July 19, 2024,
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  2. most Indians do not realize how serious the situation, there is no jobs for the youngsters in India, with this trend. India will face great difficulties, Due to the lack of jobs in India it can negatively impact its economic growth rate: Lower purchasing power: When there are fewer jobs, people have less money to spend, which can lead to a decrease in consumer demand. Reduced productivity: Unemployment can make it harder for the economy to be productive. Increased government burden: Unemployment can increase the amount of money the government needs to spend. Limited investment and consumption: Unemployment can make it harder for people to invest and consume, which can slow economic growth. Poverty and income inequality: Unemployment can make poverty and income inequality worse. Social unrest: A high unemployment rate can lead to social unrest. According to McKinsey, if India doesn't improve its employment rates, it might not be able to achieve its goal of 7–8% annual GDP growth. This could also delay India's plans to become the world's third-largest economy by 2030.
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