Essays on Unemployment

Essays on Unemployment

Unemployment is a big league and critical issue across various countries. One of the major economic problems faced by various countries is unemployment. Getting a job has been getting harder from time to time due to higher jobless rates. Such a condition is far worse and getting more concern by policymakers as well as economists across the years. Both parties are constantly monitoring and evaluating the current situation and taking actions to reduce the gravity of the situation based on the reliability and availability of information and statistics.

According to previous researchers, there are four common factors which affect greatly towards the unemployment rate. Those factors are inflation (INF), GDP growth (GDP), population (POP) and foreign direct investment (FDI). As the unemployment rate of any country does not reflect a healthy sign to the economy, therefore, this study is to figure out determinants majoring on macroeconomic factors that influence the unemployment rate across different countries.

People in today’s competitive market are actively searching for jobs and are mentally prepared for any kind of job provided at any level of wages. These people, if can’t find a job, the problem of unemployment arises. The large population often contributes towards higher unemployment rates within the country due to the lack of absorption capacity of the country. This issue has become an important subject matter for countries in recent decades. Generally, the government aims at the creation of working opportunities with all the available resources in the industries and regularly pays a lot of attention and concern on this issue as unemployment not only affects socio-economic situations of a country but could also lead to high emigration. If residents are unable to get a job in their home country, they attempt to work overseas if there are opportunities offered to them. Thus, the economic growth of a country would greatly be affected. In long-term, issues such as financial problems, crimination, poverty, inequality, standard of living and mentality may occur. While some countries have higher unemployment rates, there are countries that are performing very well. Best practices of such countries, if adopted by others, the overall development across the world can be boosted and hence living conditions can be improved.

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Food Insecurity: History & Background

Since 1990s food insecurity has been assessed and monitored by the United States Department of Agriculture (USDA) at the federal level. Food insecurity is defined as “a household-level economic and social condition of limited or uncertain access to adequate food,” (3) and remains distinct from …

DiscriminationFood InsecurityPovertyUnemployment
Words 490
Pages 2
Changes in North America Free Trade Agreement (NAFTA)

The North American Free Trade Agreement (NAFTA) came into place on January 1, 1994 with the intent to allow free trade between the United States, Mexico, and Canada without barriers. In theory, all three countries were expected to benefit equally from the implementation of the …

Words 1907
Pages 8
Going to College is Not Easy Essay

Going to college is not easy. Apart from the great effort necessary to complete all requirements for graduation, the cost also keeps rising. For instance, it is not unusual for graduates today to face massive student debts even before they get their first job. It …

Going to CollegeNursingSalaryUnemployment
Words 2021
Pages 9
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Education and Income Inequality

This paper will have details on how a country can measure income inequality. The paper will have details about how unemployment and economic growth effect of income inequality on the U. S. economy; guesstimate the gap of degree holder and those that do not. Gaps …

Income InequalityPovertyUnemployment
Words 1071
Pages 5
Unemployment, Poverty, and Income Inequality

Economic indicators are pieces of economic data, usually on a macroeconomic level, that help analyze an economy’s well-being. All economic indicators impact not only the economy, but the individuals in the society as well. These indicators may cause decreases in economic growth, negative effects on …

Income InequalityMacroeconomicsPovertyUnemployment
Words 1041
Pages 5
Current Event: Coronavirus Oil Crash

In this Detroit article which is, “Saudi Arabia making oil output record is big” this is about Saudi Arabia increasing its oil by a lot of million barrels per day. (Detroit News) The lower oil prices made less demand in traveling by air because of …

Current EventInnovationUnemployment
Words 635
Pages 3
Unemployment and Labor-Market

Unemployment has always been a problem in society where money, and therefore a source of money, is essential for survival. Those individuals who are not able to find work are left without resources and capital with which they can support themselves or a family. Unemployment …

Words 1102
Pages 5
Results of Socioeconomic Factors on Weapon Related Deaths

Gun violence touches every part of our life. Weapons make it convenient to kill a human being or a group of people within a short timeframe. It is found in the research that more than two-third of the murders are firearm related (Guis 1687). Normally, …

Words 1135
Pages 5
Youth Empowerment in Cameroon

Every individual in Cameroon has the duty to take part in the development of the country. But because youth unemployment is becoming serious, it is difficult to really say that every individual in Cameroon contributes to its welfare. Today in Cameroon, there are so many …

Words 575
Pages 3
Institutional Factors Mean Std. Deviation Rank

Government policies and strategies that supports women’s participation in leadership are not adequate 3.76 1.253 3rd Women’s policy encourage women to participate in political leadership 3.77 1.284 2nd Affirmative action is not properly implemented to increase women participation in leadership 3.70 1.322 4th There is …

Essay ExamplesInterviewUnemployment
Words 1101
Pages 5
What to Expect from Maine’s Economy

There are many changes that need to be made to improve the state of Maine’s economy. Some of these changes can be immediate changes, some are short term, and some are long term changes that will occur over this four-year term. Some immediate changes are …

Words 941
Pages 4
Glasgow’s Public Parks and the Community

Rationale Consumption, in which consumers have a central role, plays a significant role in the wider economic system and for any business organization involved in providing products or services to the public (Gabbott, 2008). In other words, as pointed out by Gabbott (2008), the market …

Words 2560
Pages 11
The potential impact of the increase in VAT on VAT compliance in the UK

Introduction If the VAT increases then what potential impact is seen on VAT compliance in the UK is the basic issue which is going to be studied in this research study. To understand the real meaning of the topic we have to understand the meaning …

Essay ExamplesInflationTaxUnemployment
Words 9955
Pages 40
The Economic Impact of the London 2012

Abstract On 6 July 2005 the International Olympic Committee awarded the right to stage the 2012 summer Olympic and Paralympic Games to London. The 2012 Olympic and Paralympic Games is the biggest thing to happen in Britain in 50 years. The Games is an opportunity …

Words 11863
Pages 48
Is studying for a degree a good business decision?

INTRODUCTION The decision to undertake a degree is always one that is backed up by an internal cost benefit analysis of the individuals facing a strategic choice in life. The decision is one that is personal to many different students and some may argue that …

Words 5095
Pages 21
The Trends of Labor Market In Bangladesh

Introduction Unemployment is a great concern in Bangladesh. Every year hundreds of thousands student are coming out from college and university. Though it is one of the major responsibilities of the Government to provide job to those young generation but the Government is failed to …

Words 2356
Pages 10
Circular flow of Income and Expenditures

Introduction In this assignment I will explain what the circular flow of income is. I will also give examples of what might cause changes in the business cycle. I will also explain what GDP is and give examples of what its limitations are and why …

Circular FlowInflationMacroeconomicsTaxUnemployment
Words 1561
Pages 7
What Is the Meaning of Stationary State of An Economy?

Introduction Over the last decades the scholars postulated that the countries should aspire to achieve a continued economic growth. They underlined wide socio-economic benefits of economic growth, in particular higher production; higher tax revenues and national incomes; greater job opportunities; poverty reduction and better quality …

Words 1715
Pages 7
The New Poor, Worklessness and the “Underclass” Debate Families

Rationale of the study The interest in poverty dynamics has risen among academicians in the UK. Research into poverty defines it not only as an economic deprivation but also a life on its own (Kelso, 1994). While typically defined in economic terms, Poverty is often …

Words 1826
Pages 8
Unemployment and Saudisation in the Saudi Economy

The labor force is a main factor for any economy. therefore, Unemployment is a big problem for the economy. “An unemployed person is the one who is willing and able to work but unable to find a job”. This means those people who don’t work …

Words 1201
Pages 5
Economic Cost of Unemployment

In the recent economic downturn, many companies collapsed, resulting in many jobless workers. Corporations, in order to survive the downturn reduced their head counts by retrenching. The unemployed couldn’t find jobs as companies are not hiring due to the pessimism of the economy. This hence …

Words 813
Pages 4
Link Between Virility And Status In American Literature

“Both Albee and Williams use their male characters to explore a link between virility and status in both ‘A Streetcar named Desire’ and ‘Who’s afraid of Virginia Woolf’. ” Showing appreciation of context and with close analysis of structure, form and language, consider to what …

A Streetcar Named DesireGenderHomosexualityMasculinityUnemployment
Words 1955
Pages 8
Downsizing: Fiduciary and Great Harm

There is a well known issue in corporations when it comes down to downsizing. Corporate downsizing is that act of corporations cutting workers usually by closing whole plants or divisions to increase profits. This practice is often used today and is thought by some to …

CorporationEssay ExamplesUnemployment
Words 960
Pages 4
Effects of Unemployment on Us

The current total unemployment in US is getting higher because of several reasons. Firstly, the reason of the current total unemployment is 10 percent and it is higher than the year before is because many of the citizens stopped looking for job and so they …

Words 389
Pages 2
What happened to comercial farm workers after the famous land reform (grab) programme in zimbabwe?

Introduction This review of literature seeks to ascertain the impact of the Zimbabwe land reform and redistribution programme on commercial farm workers employed in the targeted white-owned farms. To achieve this goal, it seeks to explore the different ways through which the land distribution programme …

Words 3459
Pages 14
Frances Perkins

A Brief History of Frances Perkins Born in Boston, Maine in 1880, Frances Perkins came from a respectable middle-class Republican family. At a very young age, Perkins’s parents strongly encouraged her to live her life on earth for God and do something good in her …

Words 863
Pages 4
How has Thatcher and the legacy left by her government changed class mobility in the UK?

Introduction Although in the early twentieth century, social mobility in Britain was a seemingly dubious and slow process, as time went on, more drastic change put it into play. In previous centuries, attempts of social mobility in Britain seemed to move backwards for some classes, …

Words 2323
Pages 10
Benefits from Unrestricted International Trade

For some local workers, international trade means the end of their jobs. For them, free trade will only bring unemployment. This can be the conclusion that we can get if we look at the statistics of the survey conducted in America on 1995. When the …

International TradeMacroeconomicsTradeUnemployment
Words 375
Pages 2
Australia’s Economic Objective of Resource Allocation

The objective of efficient resource allocation The objective of efficient resource allocation refers to an economy’s ability to meet its obligations in ensuring that all social and economic objectives are met without waste, for example to allocate resources so that they are distributed efficiently to …

Words 1304
Pages 6
Newham: Key Statistics

Introduction In reference to the Newham London Local Economic Assessment, 2010 to 20279 (2010), “the population in Newham is rising and is projected to continue to rise significantly. It has a very young and highly diverse population, and will benefit from a demographic dividend over …

Words 1942
Pages 8

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