Submitted By: Maham Haq Date: 10/11/2014
Registration Number: CIIT/FA14-BSE-083/ATK
“Causes of Unemployment”
There are many quotes about unemployment according to Calvin Coolidge unemployment occurs
‘’When large numbers of men are unable to find work unemployment results’’. According to Frank P. Louchheim ,
’’An ‘acceptable’ level of unemployment means that the government economist to whom it is acceptable still has a job’’. While George Walker Bush said,
‘’In the long run, the right answer to unemployment is to create more jobs’’.
Keeping the above quotations in mind. Unemployment may be defined as.
‘’When there is the shortage of job and people are not able to find work that is when unemployment occurs’’.
(94 Words)
The presence of many problematic factors can result in unemployment. Firstly illiteracy the lack of education or the state of being unable to read or write is a very big cause of unemployment. Due to illiteracy people do not know how to find and do jobs. Secondly bribery refers to the offering, giving, soliciting, or receiving of any item of value as a means of influencing the actions of an individual holding a public or legal duty. By the help of bribery people with more money are able to get jobs they do not deserve hence not letting the people who deserve get them. Thirdly One more problem of unemployment and under-employment is nepotism and favoritism. It means selection according to relation not according to ability. Here deserving candidates do not get jobs and remain unemployed. Fourthly injustice the violation of the rights of others causes unemployment. Due to injustice the deserving are not able to have jobs. Than poverty the state of having little or no money is also a serious cause of unemployment. Poor persons due to lack of income has low saving and shortage in investment. So, they are unable to established self-employment opportunities. After that corruption the dishonest or