Unemployment (or joblessness) occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession‚ an economy usually experiences a relatively high unemployment rate. In a 2011 news story‚ Business Week reported‚ "More than 200 million people globally are out of work‚ a record
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Climate Change in Nigeria Climate change has always occurred in different Nigeria; however the effects have become more noticeable recently over the years. The effects have affected the daily lives of many for better or worse. A peer reviewed research done by an unknown source‚ which was accepted by the Journal of Geography and Regional had concluded that the average temperature of Nigeria has increased by 1.7°C in the period of 1901-2005. The increase has however been higher in semi-arid areas
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INTRODUCTION Nigeria like most developing nations of the world is faced with myriad of problems and harsh realities which include poverty‚ unemployment‚ conflicts and diseases. These situations pose great challenges to the very existence of individuals in most developing nations thereby calling for the training of educated man and women who can function effectively in the society in which they live in. available information by National Universities Commission (NUC) (2004) reiterate the massive
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Advances in technology will result in a growth in unemployment. Technological advances allow society to produce more output from the existing mix of resources. These advances may take the form of less costly methods of producing existing output or may result in the production of new (or substantially improved) commodities (such as DVD players‚ HDTV‚ anti-lock braking systems‚ and similar innovations). Society clearly gains from the production of either more output or more highly valued output. Nevertheless
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Poverty and Unemployment in India Presented by Md Akram Saba(09HS2027) Types of Poverty • Absolute Poverty • Relative Poverty Relative Poverty • Relative Poverty refers to the Income or Asset Position of one individual‚Class or Group of People in comparison with the other individual‚Classes or Groups. Absolute Poverty • Absolute poverty is associated with a Minimum Level Living or Minimum Consumption Requirements of Food‚Clothing‚Housing‚Health‚etc. • All those People who fail
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escalate. There have been a flurry of smaller events that have seemed to snowball into a larger scale issue. The first issue seems to have been the lack of work for youth in the country and the growing rate of youth unemployment. In October of 2016 Statistics Canada reported that unemployment in Canadian youth was at 13%. According to Sara Elder‚ an article author for International Labour Organization (or ILO)‚ claims that “Almost 43 per cent of the global youth labour force is still either unemployed
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NEWS STRAITS TIMES Unemployment rate drops 2011/07/06 THE country’s unemployment rate currently stands at 3.1 per cent compared with the 3.4 per cent last year‚ the Dewan Negara heard yesterday. Deputy Human Resources Minister Datuk Maznah Mazlan said the government was fully harnessing its workforce to keep the unemployment rate at four per cent and below. This was because according to international standards‚ this was considered full employment. "According to the Statistics Department
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The Real Unemployment Rate The real unemployment rate that the government puts out every week does not reflect the true unemployment rate in the United States. There are many people who should be considered unemployed but are not. Some people are not even counted in the labor force when they should be. These people include those who have given up looking for a job for four weeks straight because they are discouraged as well as people who are in the armed forces. I personally thing that both
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government‚ Nigeria and Iran have two separate ways of intertwining the two in their states. Nigeria is known for its strong military presence within the government. The degree of militarism in Nigeria is high because of their past history being under civilian rule. During the first forty years of Nigeria’s independence‚ this state only lasted ten years under a civilian government. A few years after the downfall of their civilian government‚ they soon fell under military rule. Nigeria has always
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employers‚ and it is that if they should hire an experienced professional or a fresh graduate. Employers should hire more fresh graduates‚ because they cost less‚ impatient to start working‚ remember theoretical knowledge better and can be established in more complex workplaces. Firstly‚ fresh graduates start with low salaries. According to “USA Today 56% of the employers wishes to pay under $40‚000 to fresh graduates for starting salaries. Firms always want to maximize their profits and that’s the
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