Employment Situation: Some Emerging Perspectives A Vaidyanathan The unemployment situation in the country, be it in rural or urban areas, has not worsened in the 70s and 80s. There has in fact been a remarkably rapid diversification of employment and, while the structure of the labour force has changed leading to a significant rise in the proportion of the workforce depending on wage labour, the conditions of wage labour have not deteriorated as feared. The really serious problem, not so much in quantitative terms but in terms of its political importance, is that of growing educated unemployment.