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Does Waahtsy's initial focus on job services aim to reduce unemployment faster.

 

Does Waahtsy's initial focus on job services aim to reduce unemployment faster?

Yes, Waahtsy’s initial focus on job services is designed to help reduce unemployment more quickly. By prioritizing immediate access to job opportunities—whether full-time, part-time, or gig work—the platform aims to connect job seekers with employment before they lose touch with the labor market, which is a critical factor in preventing long-term unemployment.

Research shows that rapid, accessible job matching and active labor market programs can improve employment outcomes, especially when tailored to individual needs and available as soon as someone becomes unemployed. Waahtsy’s approach aligns with these findings: by making job search features prominent and easy to use, it increases the likelihood that users will find work quickly, thereby reducing the risk of prolonged unemployment and its associated challenges.

In summary, Waahtsy’s strategy is consistent with evidence-based practices that emphasize early intervention and accessible job matching as effective ways to reduce unemployment faster.

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1. Un Employment rate in Kerala

2. Un Employment rate in India

3. Migrant labourers in Kerala


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