The rising unemployment rate among fresh university graduates today is an upsetting trend. Now the pool of unemployed graduates is rising to worrying levels even in some high-growth economies. This is due to several factors or causes that result in the increase of the unemployment rate today. This article brings and discusses the main causes and issues/effects on the unemployment of many fresh graduates. It is expected that this study of unemployment will achieve the objective and highlights of some
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Introduction “Unemployment is a situation where people of a country are willing to work‚ able to work but cannot find jobs.” Officially unemployment is defined as the situation of being without work‚ wanting work‚ and actively seeking work. It is usually measured as a percentage of the people in the total labor force or the total for some social group. During periods of recession‚ an economy usually experiences a relatively high unemployment rate. Economy of an individual is at the utmost priority
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Unemployment in France Priority Number One 1. What was the annual growth rate for real GDP in France in the early 1990’s? - It was very low and even negative in certain year. The annual growth rates were 0.76% from 1990 to 1991‚ 1.186% from 1991 to 1992‚ -0.92% from 1992 to 1994‚ and 1.94% from 1993 to 1994. Those low rates of GDP growth in the early 90’s were one of the main reasons for conservative’s landslide victory in national parliamentary elections. 2. Why is high unemployment of
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Unemployment Rate by Race/Ethnicity Marcel Palomo ECON 201 17 MAR 13 Professor Mills Unemployment Rate by Race/Ethnicity There has always been a difference between unemployment rate from the four major ethnic groups which are White‚ Black or African‚ Hispanic or Latino‚ and Asian My paper will examine why there is such diversity in amongst these groups. People of Asian descent have the lowest unemployment rates compared to the other four groups‚ while unemployment among Hispanics
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Unemployment Benefits and how it affects the Unemployment rate. Critical and Creative Thinking Hum/111 01/23/2014 When asked to pick a topic recently from the world of business and news I could not think of a better controversial topic than the world of Unemployment Benefits and if and how the long term benefits lead to long term Unemployment rate. When looking at this issue there is two sides of the fence and depending on what side you are on or what possibly has
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Apprenticeships and Unemployment The boon for the American economy comes from three directions in the short view‚ and infinite possibilities in the long view. First‚ there would be more Americans working. If more are working‚ then in theory‚ fewer would require government assistance. That would both expand the tax base because more people would be contributing to it‚ and reduce the amount of tax dollars obligated to subsidies‚ benefits‚ and entitlements because fewer people would be taking
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Crime and Unemployment A Study of Social and Economic Factors that Influence the rise and fall of Criminal Behavior in the United States. By: Elizabeth Bruce Natasha Espinosa Derrick Phillips Contents Introduction 3 Hypotheses 5 Methodology 5 Data & Data Collection 6 Analysis 8 Summary & Conclusion 9 Introduction Crime and its causes‚ have been studied the world over. In particular‚ there have been noted studies on the cost and benefit of crime‚ state
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Towards solving youth unemployment in Nigeria The federal government recently inaugurated inter-ministerial committee on job fair to address all the identified barriers to job creation and sustainable livelihood in the country‚ OLUGBENGA SALAMI writes Tell those graduates to stop combing here and there for jobs. If there are no lucrative offers of employment‚ they should establish themselves by starting something. Unemployment is a pest that has and still eating deep into the fabric of Nigeria
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Report 1 Discussion on whether the introduction of maximum prices by a government would solve the problem of scarcity. 1.0 Introduction: A maximum price is a price set by government to limit the amount sellers are allowed to charge for their products or services. This is to prevent sellers from setting high prices and thus‚ making goods more affordable for the general public. While their intention to protect the welfare of consumers is well-meaning‚ this measure can sometimes backfire when
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Economics Commentary U.S. Employers slashed jobs for the third straight month in March and unemployment rose to a nearly three-year high‚ offering the latest signs that the economy has fallen into a recession. The Labor Department’s much anticipated report‚ released Friday the 4th of April‚ showed a net loss of 80‚000 jobs last month. That marks the third straight month that jobs have fallen - the longest period of decline since early 2003. Now having acknowledged that the US is in a recession
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