THE LONG-TERM EFFECTS OF UNEMPLOYMENT ON A PERSON In the current economic recession‚ unemployment is not only a terrible problem of the society but also the concern of each individual. Because it causes a large number of long term consequences. From my point of view‚ there are two main long-term effects which the unemployed are facing with‚ relating to their material and spiritual life. The first effect which unemployed persons are directly affected is their material life. The majority of unemployed
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Ans: 1(a) Unemployment Rate = Unemployed Employed + Unemployed In January 2012‚ 141‚608 thousand were employed and 12‚748 thousand were unemployed. Unemployment rate = 12‚748 ÷ (141‚608 + 12‚748) = 8.26% In January 2013‚ 143‚322 thousand were employed and 12‚332 thousand were unemployed. Unemployment rate = 12‚322 ÷ (143‚322+12‚332) = 7.92% 1(b) Employment-Population ratio = In January 2012‚ 141‚608 thousand were employed and total population was 244‚663 tnousand. Employment-Population ratio
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2013 SOUTH AFRICAN LIBRARY WEEK 1. Background The South African National Library Week is a library event that is celebrated annually in the country and it takes place during the month of March. This is when libraries raise more awareness about the importance of libraries. The celebration will take place from the 16th to the 23rd March 2013. Libraries throughout the province will also be promoting library week in their respective communities. The theme for 2013 South African Library Week is
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Macroeconomics‚ 12e (Gordon) Chapter 2 The Measurement of Income‚ Prices‚ and Unemployment 2.1 Why We Care About Income 1) Job openings are plentiful when the A) actual real GDP is above the natural real GDP. B) natural real GDP is above the actual real GDP. C) natural real GDP is increasing rapidly. D) None of the above. Question Status: Previous Edition 2) The real income per capita is a measure of the A) well-being of every individual in the nation. B) well-being of the average individual
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Eurozone unemployment and inflation both rise 01 March 2012 by Daniel Mason Eurozone unemployment rose to a record high in January‚ while inflation in the currency bloc has also continued its upward trend - a combination described by economists as "unpalatable" and a "double whammy of bad news". The jobless rate in the 17-member currency bloc was 10.7 per cent in January‚ up from 10.6 per cent in December‚ according to statistics published today by Eurostat. It means that‚ in January‚ there
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Unemployment in Hungary-the effect of the economic crisis Unemployment in Hungary- The effect of the economic crisis I. Introduction One of the most serious problems in Hungary is the unemployment. People are trying to find solutions to beat the unemployment but yet those efforts were hopeless‚ and they are still fighting to create job possibilities for the unemployed people. The economic crisis which occurred all over Europe brought a big change on the whole world. Because of the
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Fiscal Policy for reducing the unemployment rate The employment rate is quite an important variable to a country because it represents the country’s economic situation is good or bad.In order to reduce the unemployment rate‚both demand side policies and supply side policies can be used.On the demand side‚there are fiscal policy and monetary policy.While on the supply side‚there are many policies like improving labor market flexibility‚employment subsidies‚better education and training‚lower employment
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ARTICLE ABOUT UNEMPLOYMENT RATES IN MALAYSIA KUALA LUMPUR‚ May 26- The unemployment rate in the country for March 2014 was at 3.0 per cent‚ comparatively lower from 3.3 per cent in March last year ‚ the Statistics Department said. When compared with the previous month‚ the rate was down 0.2 percentage point from 3.2per cent in February 2014. In a statement here today ‚the department also said the labor force participation rate decreased in March 2014 to 66.9 per cent from 67.4 per cent in the
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Name: Institution: Course: Date: The Relationship between Unemployment and Economic Growth Condition In most part of the world the economy and the unemployed are very closely interconnected. If the unemployment goes on a drastic change the economy takes the same path. With trade prevailing in bad economic days employees are laid off to save the business financial status. However‚ as a result of these layoffs people do not have cash to spend which will in turn cause problems to the economy. Economic
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Topic: The problems of unemployment among Malaysia graduates. Recently‚ Malaysian people have been taught facing on the issue of high unemployment rates among the local graduates. This issue has been a phenomenon to the current news as it has been aired on the television‚ newspaper‚ internet and others agency. There are several problems of the unemployment among Malaysia graduates such as lack of skill experiences‚ Malaysia graduates demand too much on salary and employer
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