Youth Unemployment Introduction Youth unemployment‚ which encompasses individuals in the age range of 15 to 24‚ is the demographic that is the most likely to be unemployed. This can often be attributed to the difficult time youth may have transitioning from school to work‚ especially for those who have neither experience nor education to secure a job in the current labor market. The purpose of this report is to discuss the current youth unemployment rate
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natural rate of unemployment is creating new jobs and opportunities. Usually‚ a healthy economic growth rate is of 2-3% and this is sufficient to create the 150‚000 new jobs per year needed to keep unemployment from rising. When unemployment rises above 6-7% and stays there‚ it means that the economy isn’t strong enough to create sufficient new jobs without intervention. That’s when the government is expected to step in and provide solutions. WHAT IS THE NATURAL RATE OF UNEMPLOYMENT The Natural
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Unemployment in France ”I promise to reduce to 5% the unemployment in five years with an unemployment average reduced to 5 months because I am convinced the full job is applicable. English people did it” (Nicolas Sarkozy‚ 2007… Several months before the fall of Lehman Brothers) Unemployment rates France 04/2012: 10.2% European Union 07/2012: 11.1% UK 05/2012: 8.1% (5.4% in 2007) United States 10/2012: 7.8% (4.6% in 2007) Japan 02/2012: 4.5% (3.9% in 2007) Spain 08/2012: 25.1% (8.3% in 2007)
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Almighty Allah who is most merciful‚ and who give us strength to write this Project Report in a different way. We extend our heartiest thanks to our seniors‚ colleagues‚ and subordinates who assist us on every occasion to enable us to write this report. Our parents‚ classmates‚ friends come next in the list of those whom we have to thank. [pic] In traditional societies‚ salaried jobs did not exist‚ as money was not in use. These cultures lived off the land directly‚ and the land belonged
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presently employed divided by the population of working age. Unemployment is a situation where labour force participants are avaible‚ willing to work and actively looking for a job but are unable to find any jobs. Labor force is defined as the people above the age of 16 and older who are employed or are actively seeking employment. Unemployment rate can be calculated by dividing the number of unemployed with the labor force. Changes in unemployment depend mostly on inflows made up of non-employed people
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UNEMPLOYMENT AND INFLATIONUNEMPLOYMENT AND INFLATION Student: ___________________________________________________________________________ 1. Inflation caused by a rise in per unit production costs is referred to as: A. Cost-push inflation B. Demand-pull inflation C. Unanticipated inflation D. Hyperinflation 2. The view that unions may be a source of inflation would be best associated with the: A. Supply-shock view of inflation B. Cost-push view of inflation C. Wage-push view of inflation
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A man willing to work‚ and unable to find work‚ is perhaps the saddest sight that fortune’s inequality exhibits under this sun ~Thomas Carlyle The definition of unemployment as explained in the dictionary of economics is ’the state of an individual looking for a paying job but not having one’. Unemployment occurs when people face crisis in job opportunities due to the unpredictable nature of the economy. It’s not a problem that has recently hit the economy‚ rather it was largely evident during
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How technologies effect our society? Technology advances is increasingly introduced into our lives. Technology is the internet‚ electronic items‚ and cars‚ among others. Technology has helped in different ways such as in education‚ industry‚ medicine and so on. However‚ the excessive use of technology has its disadvantages. Many people do not realize that technology negatively affects society and has complicated life in several different ways. Technology has affected relationships with family‚ education
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Table Of Contents Acknowledgments …………………………….Page # 1 Introduction ……………………………….…. Page #2 Reason for selecting topic………………..….... Page #3 Statement of problem ….................................... Page #4 Method of investigation ……………….…..…. Page #5 Instruments used to collect data ….................... Page #6-10 Procedures used to collect data…………………Page #11 Presentation and explanation of data………….. Page #12-14 Interpretation of data……………………….…...Page #15 Findings …........
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TYPE OF UNEMPLOYMENT There are four type of unemployment that are: 1. Frictional unemployment This type of unemployment is temporary. There are three main groups that belong in this type of unemployment. i. People who look for a job for the first time such as fresh graduate and school leaver. ii. Re-entrants or people who quit their job to rest but want to work again. For example‚ a house wife who quit her job to raise her children and rejoin the labour force again when the children are all
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