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Kunal Mangal on Government Jobs and the Labor Market in India

Ideas of India

00:00

Employment Rates Drop and Unemployment Increases

The value of exam preparation goes down, then people start to do something else. But when it's hard to get one of these jobs, they actually double down and work really hard for them. So the increased pressure from decreased vacancies ends up just kind of like exasperating that gratorious effect.

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