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.

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 …

Unemployment
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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 …

Finance, Politics, Unemployment, Welfare
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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 …

Health, Poverty, Unemployment
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Abstract Nigeria’s adolescent & young adult population (aged 15-24) is currently facing a crippling problem that will endanger the future of the nation. The median age data from the world.bymap.org website is used to define the term “youth migrant and non-migrant population, or youth population”. …

Attitude, Unemployment, Youth
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Define the Problem: The real national unemployment rate is higher than the U. S. Department of Labor’s December figure shows. When the underemployed and discouraged are added to the unemployment numbers, the national unemployed rate rises to 16. 6%. This causes morale to be low …

Science, Unemployment
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Introduction – A description of the question: “What are the causes of youth unemployment? ” A high employment rate among the people of a nation promotes a spirit of dignity, independence, achievement and innovation – it isn’t only about earning a form of income. In …

South Africa, Unemployment, Youth
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Where does unemployment money come from? This money is paid from the trust funds which belong to the government and each state. Employers pay certain percentage of the employee’s salary to fulfill that unemployment fund. The amount of taxes are discussed with the employer, and …

Money, Unemployment
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Outsourcing Is weakening the nation’s Job-creation engine, and leaving thousands of newly unemployed workers here In the United States in search of work. With the number of companies outsourcing jobs continually Increasing, It becomes a much larger issue for the U. S. Workforce to find …

Outsourcing, Tax, Unemployment
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Macroeconomics help Name: Institution: Inflation is the rise in general prices of goods and services over a specific period of time. Unemployment is a state where people are able and willing to work at the ongoing market prices of labor but they are unable to …

Unemployment
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Explain for which reasons the real wage is expected to be acyclical in the classical model, countercyclical in The Keynesian Model and Procyclical in the New Keynesian model. Which model better fits the empirical evidence? Introduction The concept of real wages has increasing significance in …

Business Cycle, Economics, Unemployment
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Woven Shivers It is really nice to have an investment of your own, especially when the money comes from your own pocket (2012, First Time Home Buyers). Like for example, one of the best investments that a person could have in their life is to …

Economics, Inflation, Unemployment
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IntroductionThe unemployment rate is one of the cardinal variables that policy shapers are interested in. There are different causes of unemployment and it is really hard for authoritiess to find which causes are most of import and how to cover with Te and causes an …

Economics, History, Unemployment
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British Sky Broadcasting Group, better known as BSkyB, plays an important role in the British TV and radio landscape. BSkyB is one of the world’s leading entertainment companies, with over 17 million viewers in more than nine million households across the UK. They employ cutting …

Economics, Inflation, Unemployment
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Is structural unemployment something macroeconomic policymakers should be concerned about? How does it differ from cyclical unemployment? By abovementioned Is structural unemployment something macroeconomic policymakers should be concerned about? How does it differ from cyclical unemployment? Structural unemployment is categorically something that should be considered …

Unemployment
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Preparation for Assignment 3HRC A new manager is starting in the organization shortly. You have been asked to provide a ten-minute presentation that will give the manager some understanding of the organization in preparation for their start. The presentation may be made one-to-one or to …

Organization, Unemployment, Welfare
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