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Mega Minds

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Mega Minds
CHAPTER ONE
1.1 INTRODUCTION One of the effects of over-population in a country is unemployment. Unemployment is the undoing of graduates because it literally destroys the individual morally and raptures the ties and relationships they form. Unemployment is the fact of a number of people, especially graduates not having a job to make their lives suit the economy. Economy is the relationship or the link between the production, trade and supply of money and other commodities in a particular country. A graduate is the person who has got a university degree and has completed his or her school studies. In Nigeria, the main objective of every individual who attends a higher institution is get a job after all the struggles in the institution. But the reverse is the case. Not more than 20% of the graduates every year from different institutions of higher learning in the country gets comfortable immediately after school. Philosophers say that an idle mind is the devils workshop. Owing to the level of unemployment among graduates, crime rates gets on the increase. Frustration causes most of the crimes committed as a result of unemployment. Every individual would like to have their ends meet. So, that is why all the crimes are being committed.
1.2 TYPES OF UNEMPLOYMENT Unemployment can be of many types. These are 1 FRICTIONAL UNEMPLOYMENT
This is a kind of unemployment that occurs because it takes workers some time to move from one job another. It may be the case that some workers find new job before they live their olds ones.
In this case, a worker must look around for a job that is a good fit for him/her and this process takes some time. During this time, the individual is considered to be unemployed.
But frictional unemployment is seen and thought and considered to last only for a while or short period of time. It has been seen by economists not to be especially problematic from an economic stand point. It can be the particularly time because the modern-day



References: 1. News speak magazines p.g 26, 1992. 8. Newspoint newspaper p.g 12, 2008 9 10. Vanguard magazine p.g 6, 2002.

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