The Impact of Unemployment on Self-Esteem among Educated Youth: A Literature Review

Abstract

This literature review examines the profound psychological impact of unemployment on the self-esteem of educated youth, with a specific focus on the Indian context. By synthesizing findings from global and Indian studies, this paper explores the multifaceted nature of this issue, including the socio-economic and cultural factors that exacerbate the negative effects of joblessness. The review establishes a strong correlation between unemployment and diminished self-esteem, which often leads to other mental health concerns like depression, anxiety, and a sense of hopelessness. It highlights the unique challenges faced by educated youth in India, where a growing demographic dividend is juxtaposed with a scarcity of suitable employment opportunities. The paper concludes by emphasizing the urgent need for comprehensive interventions that address not only the economic but also the psychological well-being of unemployed youth.