The comparison of unemployment rate in United Kingdom and Singapore Based on this chart table‚ show that the gap of unemployment rate between these two countries‚ United Kingdom and Singapore is quite has difference. In the year 2008‚the unemployment rate in United Kingdom is 5.6% but Singapore is 2.3%‚have a difference of 2.3%.The unemployment rate of United Kingdom in year 2009 rises up 1.9% which is 7.5% compared to 5.6% in year 2008 while the unemployment rate of Singapore also have a rise
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High unemployment rate hits Eurozone Executive summary This report is going to evaluate the financial situation which happened in the Eurozone since the year 2008. As we all know‚ the Eurozone suffers the financial crisis and debt crisis in the 2008 and 2010 respectively. This two events lead the economic situation in Eurozone falls into the recessionary status. As the economy continues to fall down‚ the countries in Eurozone is plagued by many problems. And the unemployment issue is a main
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Should Unemployment Benefits Be Extended Beyond Extension? CaTessy T. Truitt Capella University Should Unemployment Benefits Be Extended Beyond Extension? Unemployment over the years has been a controversial issue. It is controversial because over the years the United States has been going through drastic economical changes‚ leaving many of its people unemployed‚ collecting unemployment benefits‚ while the unemployment rate increases. Questions are left unanswered to whether or not unemployment
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than 57‚ 000 products worldwide‚ it was believe by the founder that the number 57 was a lucky number. One day while travelling on the train‚ he saw an advert with the indication 21 styles of shoes‚ he decided to go for 57. The issue Long-term unemployment is damaging to individuals and communities‚ it affects mental and physical health‚ and holds back economic growth. We want to help people into work and make sure that work pays. In return‚ people on out-of-work benefits need to take the opportunities
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We know that youth unemployment has hit a "record high" in our country and that the problem is now a "national crisis". According to the official statistics youth unemployment in Russia is about 27%‚ it is much higher than the average rate in the world‚ which is about 12%. Such a high rate of youth unemployment in our country has a whole number of negative repercussions. And only a few of them are hard drinking and drug addiction in rural areas of Russia‚ not dropping brain drain‚ and increasing
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The Effect of Minimum Wage in Unemployment Rate By KING NING ALFRED LAM I. Introduction Minimum wage is the lowest hourly wage that employers can legally pay to workers. The policy makers claim that the purpose of the minimum wage law is to increase the standard of living of workers and reduces poverty. However‚ there are critics about minimum wage would increases poverty by increasing unemployment rate. This topic has been debated for over 6 decades‚ there are significant numbers of studies
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FACTORS CONTRIBUTING TO HIGH UNEMPLOYMENT RATE AMONG GRADUATES. CARRINE .A. NANDWA ABSTRACT Each year numerous graduates emerge and start the search for jobs with little or no success. This project will study some of the factors leading to unemployment among graduates despite being educated and competently qualified to work in their area of study. Some of the factors to be considered are gender‚ experience‚ graduate success among others. The data for this research will be mainly primary data‚
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conditions prevent veterans from getting jobs and that unemployment prevents veterans from seeking help. Employers prefer not to take the risk of hiring a person that could snap at any moment. As a result‚ many veterans with mental conditions do not have jobs. The few veterans who are able to obtain employment are very cautious about everything they do to make sure they don’t loose that job. Gary Richard commented that one reason unemployment is such a problem is that veterans are “scared to death
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Why would the government want to intentionally raise unemployment and hurt the economy? When raising minimum wage‚ that is what the government is doing. The first federal minimum wage was established during the Great Depression. It was meant to increase wages to create a better life for those struggling. People then tended to buy more which caused more job openings (“The Minimum Wage”). This helped a lot during the Great Depression because it made employers pay the people a fair wage. The current
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Introduction Table of content Research question The effect of unemployment in ny community of Bickersteth 1 Reason for chosing this topic The main reason I chose this topic was to emphasize on the life unemployment causes people in Bickersteth to live . 2 Method of investigation The method of investigation used for the project was in
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