Unemployment is one of the popular and serious issues in both developed and developing countries. Therefore the government should focus on evaluating potential causes and also give some possible solutions to this problem. This alarming situation is due to some reasons. First of all‚ people are mostly dissatisfied with their salaries. They feel they get not enough money for their work. As a result‚ they prefer to take unemployment benefits than take up any job. Another reason is lack of workplaces
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Map 1‚ the data of the change in unemployment rate is measured as ratio data that is quantitative‚ which contains the negative as well as the positive number in percentage‚ with the number value of 0 as the central value. Therefore‚ using the natural breaks for classifying data can be considered as a better way to interpret the data‚ since the class breaks maximize the differences between classes. It is more intuitive to locate the difference of change in unemployment rate in this way. In order to distinguish
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The National Minimum Wage (NMW) was introduced by the Labour Government on 1 April 1999 as a labour regulation to replace the wages council which had been abolished in 1993 as they were considered inappropriate. It is regulated under the National Minimum Wages At 1998 and the Minimum Wages Regulations 1999 and covers all workers except farm workers’ wages which are regulated by the Agricultural Wages Board. (Rose 2004) defines NMW as a minimum wage any employer must pay its workers as defined
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CIMB From Wikipedia‚ the free encyclopedia (Redirected from CIMB Bank) Jump to: navigation‚ search CIMB Group (MYX: 1023) is Malaysia’s second largest financial services provider‚ and fifth largest in Southeast Asia by total assets. It is owned by Bumiputra-Commerce Holdings Berhad (BCHB)‚ which is listed on Bursa Malaysia with a market capitalization of RM26.6 billion. CIMB Group operates as a universal bank offering a full range of financial products and services‚ covering corporate
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20th Century International Relations – 1919-1991 Were the Peace Treaties fair 1919-1923? Focus points: What were the motives and aims of the Big Three at Versailles? Why did the victors not get everything they wanted at Versailles? What was the impact of the Peace Treaty on Germany up to 1923? Could the treaties be justified at the time? Background to Versailles War was fought between two Alliance Groups: a) Triple Alliance: Germany‚ Austria‚ Hungary‚ Turkey‚ Italy‚ Bulgaria b) Triple Entente:
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Solution to solve unemployment among university graduates 1. Enhance student soft skill and knowledge Lecturers‚ being the closest people to students‚ should continuously encourage them to gain work experience and soft skills on campus and off campus. Most of the students seem unaware of the importance of work experience. In order to assist students‚ a lecturer may use several approaches to enhance their skills and knowledge; for example to stimulate the minds of students with discussions
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growth has decelerated and unemployment is increasing again. According to a United Nations report‚ the world unemployment could hit record levels this year and continue rising until 2017. The International Labour Organization (ILO) forecasts that jobless numbers around the world will rise by 5.1 million in 2013 to 202 million people‚ topping 2009’s record of 198 million. "Unemployment remains as dire as it was during the crisis in 2009‚" (Ernst‚ 2013). Unemployment has always been the top worrying
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that Affect Unemployment Rate: The Philippine Case An empirical paper presented to Dr. Cesar Rufino School of Economics De La Salle University In partial fulfillment of the course requirements in ECONMET Submitted by: Ramon Mikael S. Cabazor April 12‚ 2014 Table of Contents Introduction Background of the Study Statement of the Problem and Objective Significance of the Study Scope and Limitation 3 3 4 4 5 Review of Related Literature Unemployment and its Impact
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An Initial Study on the Forecast Model for Unemployment Rate Mohd Nadzri Mohd Nasir‚ Kon Mee Hwa and Huzaifah Mohammad1 Abstract The purpose of the article is to determine the most suitable technique to generate the forecast of unemployment rate using data from the series of Labour Force Surveys. The models understudied are based on Univariate Modelling Techniques i.e. Naïve with Trend Model‚ Average Change Model‚ Double Exponential Smoothing and Holt’s Method Model. These models are normally
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Since 2009‚ our unemployment rate has been steadily dropping. The Great Recession from 2007 to 2009 had a significant impact on the economy spiking the unemployment rate of the United States at a shocking ten percent. Thankfully‚ under the governing of President Obama we have managed to reduce that rate to under five percent. Nelson D. Schwartz at the New York Times suggested that the decrease has necessitated employers to increase their wages to entice new employees and retain current ones‚ but
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