"Outline the major causes of unemployment and social consequences of unemployment for the Australian economy". There are a number of causes of unemployment‚ which ultimately result in both positive and negative consequences for Australias economy. These causes are outlined as follows. Economic growth is possibly the most influential factor causing unemployment. The demand for labour is a derived demand‚ meaning that it is determined by the level of demand for goods and services in an economy. This
Premium Unemployment Economics Employment
Econ 1023 (FR05B) Assignment One Due January 23‚ 2013 1. Classify each of the following items as included or not included in GDP. Give an explanation for those that you judge as not included. State when applicable‚ the expenditure category in which each good is included. a. The purchase of copy paper by PepsiCo‚ which is used by the company staff. Answer: This case is not included in GDP‚ because it is an intermediate goods. b. The purchase of an electronic handheld organizer
Premium Unemployment Inflation Economics
ARE GRADUATES TO BE BLAMED? UNEMPLOYMENT OF COMPUTER SCIENCE GRADUATES IN MALAYSIA By Norshima Zainal Shah Dublin City University‚ Ireland ABSTRACT The primary aim of this paper is to identify future help which can contribute towards reducing the unemployment rate of graduates in Malaysia‚ especially those with Computer Science Degrees. It does so by gaining initial insights into this problem through two groups: graduates and employers. The data draws on why graduates are unemployed from their own
Premium Malaysia Unemployment
The case of youth unemployment in Nigeria has been a popular discourse with various perspectives to causes and consequences of unemployment. The rate of youth unemployment has been alarming according to the National Bureau of Statistics. In 2004‚ young people aged between 15-24 years made up 52.9% of the total number of unemployed persons while those aged between 25-44 made up a further 41.1% . It is also estimated that there would be 14 million new entrants into the labour market between 2009-2011
Premium Education Nigeria Youth
Psychological Effects of Unemployment and Underemployment Individual and family consequences. Job loss is associated with elevated rates of mental and physical health problems‚ increases in mortality rates‚ and detrimental changes in family relationships and in the psychological well-being of spouses and children. Compared to stably employed workers‚ those who have lost their jobs have significantly poorer mental health‚ lower life satisfaction‚ less marital or family satisfaction‚ and poorer
Free Unemployment
47of Unemployment: the Case of Malaysian Graduates ISSN 1511-4554 Estimating Psychological Impact (1): 33-53‚ 2010 Estimating Psychological Impact of Unemployment: the Case of Malaysian Graduates Hock-Eam Lim* Universiti Utara Malaysia Abstract: The objective of this paper is to estimate the psychological impact of unemployment for a group of 240 Malaysian graduates during their transition from university to labour market. There is evidence of negative psychological impact of unemployment. Results
Free Economics Unemployment Regression analysis
MANAGEMENT CONTROL SYSTEM GROUP TASK SUMMARY Controls for Differentiated Strategies PRESENTED BY FINA ELWASISTE 0910534030 M. ALVICKY SATYWARDANA 1210534006 MUHAMMAD IRVAN ADHA 1210534022 INTERNATIONAL ACCCOUNTING 2014 Controls for Differentiated Strategies Focus of chapter is Contingency Theory: A specific structure and process for an organization depends upon various external and internal factors. Research studies have identified important factors that influence control system
Premium Management Strategic planning Strategic management
Abstract One of the most visible forms of unemployment is the men who stand at the side of the road or on corners daily‚ waiting for any job that may come their way. It is estimated that there are nearly 1‚000 places in South Africa where a minimum of about 45‚000‚ mostly black African men‚ stand‚ waiting to be picked up. The South African space economy is characterised by an uneven distribution of economic activities. International empirical studies have shown that there is a geographical or spatial
Premium Unemployment
focus in this essay lies with youth unemployment in South Africa. South Africa defines youth as people between the ages of 15 and 34 years old while the International Labour Organisation (ILO) defines youth in a more restricted manner as people between the ages of 15 and 24 years. Using South Africa’s definition‚ in December 2010‚ about 3 million young people were unemployed and 1.3 were discouraged. This translates to about 72 per cent of the overall unemployment. On the other hand when using the
Free Economics Macroeconomics Employment
The US has recently reached the lowest unemployment rate： 4.5%. In this article‚ the author provided different aspects of US’s low unemployment rate and the result of such a low unemployment rate. Comparing to the unemployment rate (10%) after 2008’s recession‚ US is now reaching a relatively low unemployment rate. A low unemployment rate is one of the four macroeconomic objectives that economists always want their nations to achieve. Unemployment is simply defined as the state of being out of
Premium Unemployment Inflation Economics