Essay Unemployment

Essay on Unemployment
Unemployment: Introduction: Unemployment (or joblessness) occurs when people are without
work and actively seeking work. The unemployment rate is a measure of the prevalence of
unemployment and it is calculated as a percentage by dividing the number of unemployed
individuals by all individuals currently in the labor force. During periods of recession, an economy
usually experiences a relatively high unemployment rate. In a 2011 news story, Business Week
reported, "More than 200 million people globally are out of work, a record high, as almost
two–thirds of advanced economies and half of developing countries are experiencing a slowdown in
employment growth". There remains considerable theoretical debate regarding the causes,
consequences...show more content...
The function of the proletariat within the capitalist system is to provide a "reserve army of labor"
that creates downward pressure on wages. This is accomplished by dividing the proletariat into
surplus labor (employees) and under–employment (unemployed). This reserve army of labor fight
among themselves for scarce jobs at lower and lower wages. At first glance, unemployment seems
inefficient since unemployed workers do not increase profits. However, unemployment is profitable
within the global capitalist system because unemployment lowers wages which are costs from the
perspective of the owners. From this perspective low wages benefit the system by reducing economic
rents. Yet, it does not benefit workers. Capitalist systems unfairly manipulate the market for labor by
perpetuating unemployment which lowers laborers' demands for fair wages. Workers are pitted
against one another at the service of increasing profits for owners. Frictional Unemployment:
Frictional unemployment is the time period between jobs when a worker is searching for, or
transitioning from one job to another. It is sometimes called search unemployment and can be
voluntary based on the circumstances of the unemployed individual. Frictional unemployment is
always present in an economy, so the level of involuntary unemployment is properly the
unemployment rate minus the rate of frictional unemployment, which means that increases or
decreases in unemployment are normally
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Essay On Unemployment
At the national level, the U.S. created 222,000 new jobs in June 2017 as hiring accelerated in the
spring, showing that companies are still finding ways to add staff despite a growing shortage of
skilled workers. The national unemployment rate, meanwhile, rose to 4.4% from 4.3% as more
people entered the labor force in search of work. The jobless rate had fallen to a 16–year low in May
2017. Orange County's unemployment rate was 3.8 percent in June 2017, below both the national
average and June 2016's rate of 4.3 percent.
The job market remains in generally good shape eight years into the economic expansion. However,
underneath the surface, unprecedented changes caused by new technologies and innovative new
ways of utilizing technology...show more content...
A severe lack of affordable workforce housing affects Orange County's future economy in several
different ways; the regional economy can overcome this challenge or face declining competitiveness
depending on how current stakeholders and policymakers address this issue. Finally, positive
overall job growth may mask the lower quality of many of the new jobs being created in Orange
County.
All of these trends have significant implications for Orange County's education and workforce
development systems. The Orange County Development Board and Orange County Business
Council's 16th annual workforce indicators report seeks to prepare the region's workforce
stakeholders – from CEOs to college administrators to entry–level workers – to face these issues and
preserve the competitive advantages that have been – and are –– the foundation of Orange County's
economy.
How should local policymakers, businesses, and educational institutions respond to the changes and
trends outlined in this report? First, they need to recognize where Orange County is potentially
vulnerable. While the skills gap, for example, is a nationwide issue, it may particularly affect
Orange County because of its relatively poor ability to retain young workers and key industries in
fields disproportionately affected by this trend. The regional economy also may have

Unemployment Benefits Essay
Title: Unemployment Benefits Only Good for a Limited Amount of Time Specific Purpose: To
persuade my audience that extending unemployment benefits strains an already overused and
failing government program. Central Idea: Today, I would like to tell you about the problem of
extending unemployment benefits, as well as offer some possible solutions that our lawmakers
should adopt instead of another extension. Introduction Millions of Americans have lost their jobs
and have joined the growing ranks of the unemployed recently as the recent recession gripped the
U.S. In fact, nearly one out of ten Americans are now unemployed and seeking a new job. I'm sure
that most of you know someone who has been affected by the recession either by...show more
content...
a.A recent study actually shows that very few people started working during the two to three weeks
prior to the exhaustion of their unemployment benefits, but almost 30 percent started work just a
week later when their benefits were about to run out (Mulligan). b.Basically, as long as they are
getting paid to not work, many people will put off accepting a job. B.Extending unemployment
benefits also encourages misuse unemployment benefits. 1.An article by Marianne Hill,
"Unemployment Insurance: a Broken System," tells that: "when unemployment insurance was
established as a nationwide program in 1935, it was hailed as a means of enabling workers to
protect their standard of living between jobs". 2.The system was originally set up to help people who
suddenly lose their job, but there is now wide misuse of the system which is only encouraged when
the time period someone is allowed to collect benefits is extended time and again. 3.Types of misuse
and fraud include claiming unemployment benefits while working another job that pays cash only
which isn't reported, failing to actively seek employmen while collecting unemployment, and
fraudulently using stolen social security numbers to claim unemployment. 4.Each year more than 16
million dollars worth of unemployment fraud is identified by Labor Department investigation––and
that is likely just

What Is Unemployment Essay
Introduction What Is Unemployment? Unemployment occurs when a person who is actively
searching for employment ( a job) is unable to find work. Unemployment is often used as a
measure of the health of the economy. The most frequently cited measure of unemployment is the
unemployment rate. This is the number of unemployed persons divided by the number of people in
the labor force. Unemployment is defined as when a person is not employed, does not have a job
and is actively seeking work, or the inability of Labor Force participants to find jobs. Unemployment
is a serious macroeconomic issue that affects almost all countries and all people either directly or
indirectly. Unemployment is a phenomenon that happens in almost every economy and it

Ubi And Unemployment
I think UBI is a great method for many unemployment people because since unemployment people
were hired, they would have food to eat and have the house to sleep. I also think that it is a great
solution for the poverty and economic inequality. Since this is a great way to reduce unemployment,
it could work in the United States. America is the one of the highest in the rate of unemployment rate
which can reduce unemployment by UBI system. Even if there are many problems of UBI it will
still lessen economic inequality in U.S.

Argument Essay On Unemployment
Joseph Thompson Professor Nelson English 101 30 November 2017 Unemployment Unemployment
is something every nation deals with, some remedy their issue while in other countries such as the
U.S. it seems to be a more commonly reoccurring issue or even epidemic at points. This makes it
clear the biggest problem facing the U.S. is the unemployment. A major point raised in favor of this
argument is how unemployment seems to never go away in the U.S.; we attempt to put these
temporary Band–Aids on the issue so we can "save our economy" but in fact, it's only
procrastinating the problem and leaving it to snowball and affect future generations such as
ourselves and our next of kin. The current unemployment rate is also providing false hope to U.S.
citizens, making it look as if we are in a good economic standing when you reveal the full story you
see the poverty line is rising and the debt clock is skyrocketing like never before. Another major flaw
with the unemployment rate that most citizens don't see is how the unemployment rate forgives to
account for many factors and adjustments such as labor participation rate and the demographic
adjustments that leave the unemployment rate 2–7% higher than as stated currently. Many people do
make the argument that with unemployment being at an all–time low, it should be of low priority in
society. However like stated previously, the fix put in to lower our unemployment rate is only
temporary, as it is every time. Barack Obama himself spoke

Essay On Unemployment
The weakness of this research was that it focused on one year before and one year after the U.S.
economic recession. Hence, the recession's impact on specific states and models of employment may
not apply to specific vocational rehabilitation service areas. Additionally, the research only predicted
male employment; hence consideration for females was absent from the research. The strengths of
the study were that it is one of the few to explicitly address the effects of unemployment on PWDs
lower than the national level. Additionally, the findings suggest a multitude of further research that
could be conducted to enhance and implement vocational rehabilitation policies that are proactive as
opposed to reactive. In practice, this would mean...show more content...
Gender, Ethnicity, Education, etc.), participants "who resided in areas with high unemployment
rates were at a significant disadvantage" (Cook, et al, 2006, p. 80). The strengths of this research
were in the controlling of variables and the identification of unemployment as the independent
variable. The weakness of this research was that it focused specifically on people with psychiatric
disabilities and used county–level employment data as opposed to specific working areas of
responsibility for the Vocational Rehabilitation Office. The implications for further research and
practice is the recognition, in practice, that evidence–based services produce greater successful
vocational rehabilitation, and that this might offset the negative effects of local unemployment
rates. Further research, at specific locations, would be needed to enhance these findings and
determine the best possible labor markets for PWDs, concurrent with their desires, and if those can
actually be interwoven into a successful Individualized Plan for Employment (IPE). For example, a
VR client might want to and be best suited for, service in a clerical or administrative setting.
However, that particular VR's area is highly agriculturally based. In this case, it might be preferable
to actually introduce the concept of relocation, or consider the cost of transportation as part of the
IPE. As the evidence begins to

Causes And Effects Of Unemployment
Causes and effects of unemployment
Name
Professor
Course
Date
Unemployment is a situation that occurs when people are without employment and actively seeking
work. The measure of the prevalence of the rate of employment is known as unemployment rate.
The International Labor Organization defines unemployment rate as a percentage of the total
workforce. The total work force comprises of individuals who want to or waiting to start work.
This excludes those who are disabled or retired. There are various causes of employment such as a
reduction in aggregate demand and failure of the labor market to provide jobs. Unemployment
affects individuals and the economy. The effects of unemployment on the individual include
depression and loss of human capital. Its effects on the economy are a rise in inflation and economic
recessions (Broman, Hamilton & Hoffman, 1990).
A reduction...show more content...
Unemployment can be caused by a reduction in aggregate demand or the failure of the labor market
to absorb the existing work force. The effect of unemployment includes social deprivation and affects
the physical, mental and psychological well–being of the individual. Additionally unemployment has
a negative effect on the economy such as a reduction in the production capacity of an economy and
loss of human capital.
Reference list Broman, C. L., Hamilton, V. L., & Hoffman, W. S. (1990). Unemployment and its
effects on families: Evidence from a plant closing study. American Journal of Community
Psychology. 18(5), 643–659.
Janlert, U. (1997). Unemployment as a disease and diseases of the unemployed. Scandinavian
journal of work, environment & health, 79–83.
Mroz, T. A. & Savage, T. H. (2006). The long term effects of youth unemployment. Journal of
Human Resources, 41(2), 259–293.
Wanberg, C. R. (2012). The individual experience of unemployment. Annual review of psychology,
63,

Macroeconomics Essay-Unemployment
3) Compare and contrast alternative views on the nature and possible causes of unemployment and
evaluate the effectiveness of demand and supply management policies to combat it
This essay will compare and contrast alternative views on the nature and possible causes of
unemployment. It will then go on to evaluate the effectiveness of demand and supply management
policies that try and combat unemployment. I will be discussing unemployment in two parts– short
run and long run and evaluating the effectiveness of demand and supply management policies that
combat unemployment for each.
First of all, 'the unemployment rate measures the fraction of the workforce that is out of work and
looking for a job or expecting to recall from a layoff'....show more content...
(2011).––> http://www.studymode.com/essays/Unemployment–1144925.html# * http:/
/books.google.co.uk/
books?id=PYO7Zz5tSJsC&pg=PA9&lpg=PP1&dq=causes+of+unemployment– from
page 9 explains unempl: 3 ingredients–labour demand, labour supply and wage determination. *
Letting Wt be the wage this period, Wt+1 the wage next period, the rate of inflation gw= Wt+1–W1
/Wt * With u* representing the natural rate of unemployment, we can write the simple Phillips curve
as gw=–e(u–u*) where e measures the responsiveness of wages to unemployment. This equation
states that wages are falling when the unemployment rate exceeds the natural rate, that is when
u>u*, and rising when unemployment is below the natural rate. The difference between
unemployment and the natural rate, u–u*is called the unemployment gap. * Automatic stabilizers–
changes in fiscal policy that stimulate aggregate demand when the economy goes into a recession
without policy–makers having to take any deliberate action(don't really work in short run so should
be done in long run) 1. Most important stabilizer– tax system. When the economy goes into
recession, the tax collected by gov goes down, this automatic tax cut stimulates aggregate demand
and reduces the magnitude of economic fluctuations. 2. Government spending– when economy faces
recession and workers are laid off, more applied for benefits and income support, this automatic
increase in government spending

Essay on Unemployment
International Journal of Business and Social Science
Vol. 2 No. 16; September 2011
GRADUATES' CHARACTERISTICS AND UNEMPLOYMENT: A STUDY AMONG
MALAYSIAN GRADUATES
Associate Professor Dr. Noor Azina Ismail
Department of Applied Statistics
Faculty of Economics and Administration
University of Malaya
50603 Kuala Lumpur, Malaysia
E–mail: nazina@um.edu.my, Phone: +603 79673638
Abstract
The main objective of this paper is to investigate the effects of graduates' characteristics on the
chance of being employed. A total of 3,025 Malaysian graduates involved in the study and data were
analyzed using logistic regression analysis. The results show that the employment prospects of
graduates with a good command of
English and who...show more content...
Public universities have grown from seven public universities in the 1990s to a total of 20 in 2007
(Ministry of Higher Education, 2007). A total of 18 private universities have also been established
during the same period. At the same time, there are more than 500 other institutions, including
university colleges, branch campuses of local and overseas institutions, open universities and other
institutions with non–university status. Student enrolment had sky–rocketed. In 2002, the total
number of students enrolled in higher institutions was 576,439 and enrolment had increased to
748,797 in 2007.
With the expansion of higher education, greater attention has to be paid to the labor market
prospects since imbalances may be created between higher education and labor market demands
(Kartz–Gerro & Yaish, 2003;
Teichler, 2000). Specifically, there have been concerns about the level of graduate unemployment,
the transition from higher education to work and the problems of job mismatches (Kougioumoutzaki
& Kalamatianou, 2008).
Although the unemployment rate in Malaysia is always low compared to the United States or
European countries, there are great concerns for unemployment. This is due to the fact that currently,
there is no unemployment insurance or assistance available in the country. Hence an increase in the
unemployment rate may lead to an increased crime rate. In light of the above, this paper focuses on
issues

Thesis Statement On Unemployment
COMMITTEE: ECOSOC ISSUE: MAIN SUBMITTER: Syria Recognizes the fact that the extreme
high levels of unemployment in member states, represents a significant threat to the institutions of
higher education. Reminds that, according to the recent studies, employers are looking for people
who have learned how to learn during their past education, and have gained impressive
communication skills, paired with critical thinking abilities. Emphasizes that according to a
declaration from International Labor Organization, Compared to 2012, the youth unemployment
rate has decreased by 1.4 percentage points in Developed Economies, but there is no observable
change in LEDCs and mild economies. Recalling the fact that young people are nearly three times
more likely to be unemployed or in a state of low income...show more content...
Underlines the fact that the problem of graduate unemployment is principally a youth problem, most
graduates find a job after some time passes and the main reason behind this fact is that young
candidates' lack of experience. Emphasizes the fact that, most of the graduates struggle to pay their
university tuition that has been building up during the education years, as they are not able to earn
money due to their unemployment. 1.Encourages all member states to start 10 year programs that
will have a deadline of 2026, which will target the sectors that are not enough developed in their
states and introduce legislations to the governmental and private universities, in order to decide on
the yearly limit of acceptance of students in each branch, to: a.Sustain an efficient number of
graduates for the jobs that the state is in need of. b.To prevent accumulation on specific branches
and the graduates of such branches being unemployed as there already is an excessive amount of
employees in the

Essay on Impact of Unemployment on the Family
Abstract The purpose of this paper is to understand the effects that unemployment has on the
family as a whole. In today's society being unemployed impacts greatly on almost every aspect of
an individual's life and depending on their personal circumstances, it is likely to impact on other
family members lives too. Today, the possibility of loosing your job looms on the horizon for
many of us. Up until a few months ago I was among the millions of people that is unemployed.
Dealing with the loss of job is very similar to the emotions one feels when they experience loss
through a divorce or death of a loved one. Unemployment carries an array of emotions ranging from
stress, fear, anxiety, and depression. Unemployment contributes to...show more content...
How people respond to long–term unemployment varies depending on the stage of their careers, on
their family situation and, most of all, on their financial resources. Those with working spouses,
who have an income and usually health insurance, can generally get by longer than those without.
And whether unemployed workers sink or swim can depend on how resilient they were to start
with. Whatever your family situation may be, there is still a loss of salary. In taking a hard look at
reality, it is time to study your financial situation. Most of the long–term jobless are finding ways to
get by, though they're using more savings, home equity or family help than they would like. They
are finding productive ways to use their time, taking classes, volunteering or exploring new careers
–– even though they would rather be working. Don't rush into big decisions. You may not have to
sell your house and move back in with your parents, but don't feel bad if you do. The problem
may not be that drastic. Be honest with yourself, family and your creditors, explain your
situation. Don't wait until they call you. There are a few ways to cut cost in the budget. Here are
a few ways to cut cost in to order to survive financially. Don't forget to file for unemployment
benefits. You are a taxpayer and deserve all the financial assistance you can get. At the same time,
start looking for another job. Keep busy and look at what choices you have. This may be a good
time to take a fresh

Unemployment
What trend does the author discuss in the first few paragraphs? In the first few paragraphs the author
examines the women labor force and the constant change from growth to decline. He explains that
when the current recession (Dec. 2007–July 2009) began, that the women labor force was not altered
but that it kept increasing. The female labor force increased by a million throughout the time of
the recession. But the months after the recession ended, the growth of women labor force stopped
and a reversal occurred. The labor force was lower and was constant throughout 2010, and 2011
but was still much higher compared to before the recession. In 2012, the female labor force grew
rapidly by about a million and since mid 2013, it has not risen...show more content...
It is a lost decade, because the labor force shrunk between the years 2000–2009. 4. Labor
productivity has grown over the last fifteen years. According to the author, does this help make up
for the shrinking labor force? According to the author, even though labor productivity has
increased, it is unlikely that the economy can grow without long term growth in private
employment. A big loss of private employment due to the recession still has yet to regain, so it is
difficult to think about the long term growth of employment. It has improved somewhat near the
end of 2009, but the author explains that the labor market still has a long way to go. It has about
25 percent of loss to makeup to get back at pre recession peak. 5. In your opinion, is the author
critical of programs like Obama Care and Dodd–Frank? In my opinion, the author is critical of
programs like Obama Care and Dodd–Frank. The author explains how the uncertainty of the future
costs of Obama Care and Dodd– Frank and other regulations and taxes is leading factor in the lack
of hiring. The author is critical of these programs, based solely on the fact that we are unsure of the
costs, and that near tax implications will occur to cover these costs and that will eventually lead to
less hiring, according to the author. Summary: From 2000–2009 this era is called the lost decade due
to the shrinking of the labor force. In between these years occured the recession, which started about
the end of

Unemployment And Its Effects On Society
Everyone in this world needs to have job or money in order to survive. In the current situation,
there are still tons of people all around the globe without a job and money, who struggles to live a
healthy life. The person who is available for work, yet he or she does not have any opportunities
is called unemployed. When we think of unemployment, we directly refer to a person without a
job or "jobless". However, we do not consider what were the causes of that situation? Or what was
the result? Unemployment has always been a social scourge. It is crucial to understand the causes
and effects of unemployment because it can happen to almost anyone in this globe. Also, it is
equally important to resolve this issue before it rises at a higher level else it can lead to a rise in
illiteracy, poverty, and underemployment. The population growth, technological advancement, job
requirements, and economic loss have provoked unemployment and in turns unemployment has
far ranging effects on society. One of the major causes for unemployment is the rising population.
In the last few decades, there is a gigantic amount of increase in population rate in every country.
This leads us to a situation where for every job opportunities, there are several people qualified for
it and deciding to acquire it. However, only few people are selected and the rest of them remain
unemployed. The overpopulation has also increased the demand for resources and to satisfy those
demands, there is a rapid

Persuasive Essay On Unemployment
As we can see in the world some people are enjoying their life, and some are wondering what to
eat next day in order to survive. Many people in the United States are in poverty line due to
unemployment and wages they earn from work. This problem affects low income family because
they are working hard to support their family and they should get what they deserve. This problem
is fixable if the state approves the minimum wage for workers. In some States people are earning
more wages for the same job and this needs to be equal everywhere. This became a huge problem for
the family who are working to have something to eat every day, therefore; Increasing wages will be
beneficial for the low–income family, single mother, low– skilled works and poor people in many
ways.
Solution:
wages should be increased, so one can support their family financially, and make their living better.
Raising minimum wage will create more jobs, would be easily to raised family for low income
family, decreased in poverty and unemployment rate will go down. The one solution to this problem
is that reduced poverty because many low–income families are in below poverty line and they do not
have enough money to afford on things they want to rather than food, bills and house rents.
Everyone wants to have standard living, but situation do not let many people have that. At the
end they just have to go for what they have. Raising minimum wages will help many people make
their living standard. The second solution to this problem is that will have increase in
employment rate. Many people will be motivated to work because many companies pay less for
their hard work and they deserve more wages in order for them to work. The third solution is that,
it would be easier to raised family because their earning will increase, and they would be able to do
many things they want for their kids.
Justification:
Providing better paying jobs with minimum wages, people would earn more money because they
have rights to earn what they deserve. Low income family are working hard to support family so,
raising wage will help them support financially. According to the Raising the Minimum Wage Debate
"First and foremost, ensuring that workers earn enough to live on is a

Essay on Literature Review on Unemployment
Literature Review on Unemployment
Introduction
Unemployment is recognised as one of the most challenging social problems currently facing
Australia. In the last two decades and more recently with the global recession high levels of
unemployment have become an established feature of the South Australian social and economic
landscape, with young people aged 15 to 24 years among those hardest hit by unemployment.
In the past quarter the unemployment rate in South Australia has remained steady at 5.6%
(Australian Bureau of Statistics, 2009) but this figure is volatile and may increase next month. The
youth unemployment rate, however, in South Australia remains at 21.9% with the Western and
Northern suburbs having significantly higher...show more content...
The absence of employment, therefore, can mean that many people do not have vital human needs
met such as an opportunity to exercise control, to use and develop skills and have contact with others.
The research literature shows a strong association between unemployment and ill health. Some
illness is caused by unemployment whilst other health problems are exacerbated by unemployment (
Smith, 1987; Mathers & Schofield,1998). An Australian summary of the health and unemployment
literature by Mathers and Schofield (1998) identified that unemployment has detrimental effects on
mental health, physical health and health related behaviours.
Mental Health
The evidence that unemployment has negative effects on mental health is strong. Mental health
effects on young unemployed people include low self esteem and confidence
( Gurney, 1980; Prause and Dooley, 1997), increased incidence of depression ( Patton and Noller,
1990; Winefield et al, 1993; West & Sweeting, 1996), stress related symptoms ( Hammarstrom,
1994) and higher levels of anxiety ( Morrell et al, 1994; West & Sweeting,1996). In their study,
Morrell et al (1998) find a strong association between unemployment in young 15 to 25 year olds
and youth suicide.
Physical Health
Research has shown the links between unemployment and higher morbidity and mortality rates(
Mathers and Schofield) where health outcomes are poorer and premature deaths are

Thesis: "People are Unemployed because they want to be", should not be used as a rationale for the
overall level of unemployment currently being experienced.
Presented by: Kevin Henry
Northern Caribbean University
College of Business and Hospitality Management
Department of Professional and Continuing Education
Presented in partial fulfillment of the course
ENGL120: Freshman Composition 2
Presented to:
Ozette Waugh–Fagan (Mrs.)
Date: November 18, 2010
In a country characterized by job losses due to the recession, companies downsizing, and the ever
changing climatic conditions we experience, how can we generalize and say that people choose not
to be employed? The statement, "People are unemployed because they want to...show more content...
Many people also become unemployed involuntarily because of their company downsizing the
operation. The downsizing strategies of many firms for whatever reason, has led to increased
unemployment levels whereby, the company can no longer afford to produce at the optimal level
they once were able to, and would no longer require the services of some of their employees.

Synthesis Essay On Unemployment
Many college graduate has faced many levels of unemployment, many parents questioned
themselves if it's worth the lost for their kids to go to college. Many kids when they graduate high
school and says they are going to college. They usually go for a while and then they drop out going
back to stay with their parents because they don't have anywhere to stay. In (source A), they gave
information about high school shop class and how they were dismantled in the 1990's. They wanted
all the students to be knowledgeable workers. There are also rhetorical questions being asked as
they said in (source A)," But what if such work answers as well to a basic human need of the one
who does it?" Which basically mean that the work to a basic human might be challenging instead of
the person who actually does the work. (Source C) it shows a graph of men and women hourly
wages. Since 2000, americas young college graduates has seen wages adjusted for inflation. On the
graph it shows that men wages are higher than women wages every year, because in every career
job, men always make more than women do....show more content...
The problem about that is that is either way it go, you will still need a great education in order to
come up with great ideas for a business. Everything you do in life reflects off of the education
you have, education is a major role in everyone's life that go to college. It helps you find good job
careers. So the people that payed the winners not to go to college, made them give up 2 years of
college education they could have had so they can make great business ideas for different

Causes And Effects Of Unemployment Essay
Unemployment Unemployment is one of the major economics problems,Unemployment is refers to
when a person is available to work and seeking work but, currently with any work. Unemployment
can be the inability for willing workers to find a gainful employment. However, unemployment has
become the top priority for the current economic policy in most countries especially in the Egypt.
The degree of unemployment in a nation is one indicator of the economic health of the country.The
current recession is forcing many companies to go bankruptcy. This have lead to a high rate of
unemployment however, the phenomenon of joblessness in an economy have cause millions of
people to remain jobless for verity of structural reason. In countries such as Egypt,...show more
content...
The top causes are increased population, rapid technological change, . The various effects of
unemployment include financial and social . Unemployment has become a major problem which
affects our life, health, economy and community. So countries should build more companies and
factories in order to provide more opportunities and positions to respond to the need of the
increased population. Moreover, there should be unemployment insurance to help unemployed
individuals in their financial problems till they find a job. It is important also to utilize the
vocational education along with other skills courses' in order to prompt the education and skills of
the workers to meet the labour market need. It creates negative affects to unemployed as they are
jobless and suffer from worse prospects to find new job and those who are employed feel less
secure to keep their jobs in future. However for overall development of economy, government and
individuals has to take initiative steps in increasing the productivity and improving the standard of

Essay Unemployment

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Essay Unemployment