Unemployment means being out of job or a situation where the individual is willing to work but has none. The government and the nation suffer due to unemployment. In many countries the government has to pay the unemployed some benefits. The greater the number of the unemployed or the longer they are without work the more money the government has to shell out. Therefore, the nation not only has to deal with the lost income and decreased production but also with additional cost.
Global Perspectives:
United States of America Job creation and unemployment are affected by factors such as economic conditions, global competition, education, automation, and demographics. These factors …show more content…
In a country such as U.A.E it’s hard to live without a job or money, a report once showed that 53% of the UAE population is employed while 19.9 % has no desire to work but it is rare as people without money simply cannot survive here and most residence not being local without money decide to go back to their homelands. And also due to UAE winning the expo 2020 has reduced a lot of unemployment, let’s take the labours for example, they come to UAE to work so they can provide their families with money back home, since most of them are uneducated they do not get paid much but they do the most for the …show more content…
Promote agriculture and farming mainly in rural areas to improve employment opportunities also Promote exports instead of imports in order to increase on national income which can lead to future employment opportunities.
Another way is to extend credit facilities mainly in rural areas to help the poor get access on finance through loans and grants in order to start their own jobs.
Governments could provide free education to its underprivileged citizens so that they can get a degree and qualify for jobs and would help them to have a better future and the government can also give loans to the poor enough for them to get a job and home which they can pay back once they have stable salary in a way the government is helping them start their lives like normal people and this also reduces unemployment in a great way
Personal response