Why lack of jobs does not lead to social strife

Men did not display much fall in their overall labour participation after demonetisation

In a discussion around employment organised by IC Centre for Governance in Delhi last Friday, former Cabinet Secretary, Prabhat Kumar made an important observation. He said that if unemployment is a big problem then why is there no social demonstration of its angst?

Upon reflection, I feel the answer to Prabhat's question is in the gender of unemployment.

My presentation at the discussion showed that demonetisation had led to a loss of jobs estimated between 12.7 million and 3.5 million. Possibly, the initial hit was closer to the higher end of the range and over about four months, the loss