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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Unemployment Rate in Singapore decreased to 1.80 percent in the third quarter of 2013 from 2.10 percent in the second quarter of 2013. Unemployment Rate in Singapore is reported by the Ministry of Manpower Singapore. Unemployment Rate in Singapore averaged 2.51 Percent from 1986 until 2013‚ reaching an all time high of 6 Percent in the first quarter of 1986 and a record low of 1.40 Percent in the second quarter of 1990. In Singapore‚ the unemployment rate measures the number of people actively looking
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of time to another. It can be measured by gross domestic product (GDP) and this can give us a measure of economic performance. Actual economic growth is an increase in GDP. There are various distinctions used in the context of economic growth such as nominal GDP so the face value and real GDP which is when GDP is adjusted for inflation. It can be said that economic growth can be a useful measure of economic performance because GDP can be calculated per capita‚ or per head of population. Economic
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Causes of Unemployment In Malaysia‚ the unemployment rate is considered low compared to the early years such as 1986 where the unemployment rate reached as high as 7.6%. Today the unemployment rate is still affected by many factors and in order to make sure it doesn’t reach as high as before‚ we need to find out the causes of unemployment so that we can provide a solution to the cause of it. Foreign labor force with lower wage or salary Redundant workers and fresh graduates with qualifications
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Number: CIIT/FA14-BSE-083/ATK “Causes of Unemployment” There are many quotes about unemployment according to Calvin Coolidge unemployment occurs ‘’When large numbers of men are unable to find work unemployment results’’. According to Frank P. Louchheim ‚ ’’An ‘acceptable’ level of unemployment means that the government economist to whom it is acceptable still has a job’’. While George Walker Bush said‚ ‘’In the long run‚ the right answer to unemployment is to create more jobs’’. Keeping the above
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Unemployment and it’s situation in asia: Introduction: Statement of problem: Unemployment is the number of employees who are at least 16 years old‚ who are not working‚ and who have been trying to find a job. Lacking a job often means lacking social contact with fellow employees‚ lack of self-esteem‚ mental stress and illness‚ and of course the inability to pay bills and to purchase both necessities and luxuries. These effects are especially serious for those with family obligations‚ debts
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The national unemployment rate fell to 4.4 percent in October the lowest level of unemployment since May 2001. This is a sign of unexpected strength in the job market. [The unemployment rate is based on a survey of households‚ rather than the survey of employers used to calculate the payroll number. Unemployment does not include full-time students‚ the retired‚ children‚ or those not actively looking for a paying job.] The unemployment level is defined as the labor force minus the number of people
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PIDE Working Papers 2007:20 Preference for Public Sector Jobs and Wait Unemployment: A Micro Data Analysis Asma Hyder Visiting Fellow Pakistan Institute of Development Economics‚ Islamabad PAKISTAN INSTITUTE OF DEVELOPMENT ECONOMICS ISLAMABAD All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system or transmitted in any form or by any means—electronic‚ mechanical‚ photocopying‚ recording or otherwise—without prior permission of the author(s) and
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good news for you: according to the New York Times‚ the unemployment rate in America dropped to 7.7% which is the lowest rate in four years. But is this rate low enough? The answer is no. The labor market is far from recovery. There are around 11 million people who still need jobs. Throughout American history of unemployment‚ The United States has experienced 11 recessions since the end of the postwar period in 1948. The U.S. unemployment rate rose steadily from 5% in January 2008 to a peak of
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GDP is expected to grow by 5.1% for both 2013 and 2014‚ driven by higher consumer and business spending. As the global recovery gathers speed in 2014‚ Malaysia’s external sector will increase its contribution to growth‚ offsetting the impact of tighter fiscal policies on the domestic economy. Malaysia’s recent economic performance and near term outlook owes much to the commodities sector‚ which includes crude oil‚ natural gas‚ rubber and palm oil. The sustainability of Malaysia’s favorable near-term
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