independence from British colonial rule in 1980 to an economic crisis that reached its climax in the years 2006-2008 and that had far-reaching effects into almost every sector of the economy and a world topping unemployment rate of over 95% according to the CIA World Factbook (2012). The unemployment rate is the proportion of the economically active population that is unemployed and actively looking for employment (Hussmanns‚ 2007). In 1990‚ Zimbabwe embarked on a program of Economic Reforms popularly
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published April 26‚ 2009‚ Jamaica was ranked the most corrupt country in the Western Hemisphere measuring the highest on index countries perceived to be most corrupt. Jamaica outpaced its regional counterparts on the perceived corruption index with a mean score of 85.6 points out of 100‚ three points above the 2006 survey‚ which suggests a growing public perception that the island is corrupt. Argentina follows closely‚ then Guatemala. Mr. Anderson further spoke about the causes and consequences of corruption
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* HOLIDAY ASSIGNMENT “Business studies” A TOOL TO SOLVE THE PROBLEMS OF YOUTH UNEMPLOYMENT IN NIGERIA. Definition of unemployment Unemployment is define as a situation in which person of working age‚ able and willing to work are unable to find paid employment. Which results to joblessness‚ an unemployment can be simple explained as a situation whereby‚ people who are available‚ capable of working and qualified by age to work but could not find job (employment).
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Unemployment refers to the number of people in an economy who are willing and able to work‚ but are unable to get a job. Some effects on the economy are that individuals need to satisfy their needs before their wants‚ therefore decreasing their standard of living. Businesses will have to cut prices in order to sell their products. By cutting prices this leads to sometimes negative profits. If this happens to a business constantly the business will go out of business which will lead to an increase
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Job Loss on Menthal Health When people lose their jobs‚ as a result of they might have a significant deterioration in mental health occurs. The term unemployment is defined and operationalized determines who is included and exclude (Gilder G 1981). May have a significantly detrimental effect in depression‚ anxiety and psychosomatic symptoms. The principal aim is to investigate whether a relationship exists between job loss and mental health. Mental health is more than an absence of
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An Overview of the Beekeeping Industry in Jamaica Mona School of Business – University of the West Indies Course Title: Foundation Skills in Graduate Management Education Course Code: SBCO6000 Lecturer: Mr. Claude Robinson Due Date: July 8‚ 2012 ID#: 620051236 (Cohort 16) MEMORANDUM UNIVERSITY OF THE WEST INDIES‚ MONA To: Mr. Claude Robinson Associate Teaching Fellow‚ Mona School of Business From: La-Shaun Latore Student‚ Cohort 16‚ Mona School of Business
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“MEETING NEEDS‚ MEANS AND DREAMS: THE HOME OWNERSHIP CHALLENGE IN JAMAICA.” The late Honourable Donald Buchanan‚ former Minister of Water and Housing‚ stated in the 2004 Sectoral Presentation‚ that “home ownership is a Jamaican dream. “It confers on our people a sense of self and identity and undermines the collective sense of rootlessness‚ displacement and wandering that characterize the socio-historical condition common to Africans in the Diaspora.” Home ownership is a “collective space defined
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Introduction Jamaican Maroons date back to the English conquest of Jamaica in 1655. At that time‚ the retreating Spanish freed their African slaves. They armed them and encouraged them to fight a guerrilla war against the new British Colonies. The released and runaway slaves‚ aided by Jamaica’s mountainous terrain; evaded capture‚ formed fighting bands and eventually split into two powerful communities. It is from these remote communities that the Jamaican Maroons raided British settlements and
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When did they come? Jamaica was first colonized by a native group of South American origin who‚ in the early history of Jamaica‚ called their home a paradise of wood and water. The Arawak were there to greet Christopher Columbus when he arrived in Jamaica in 1494‚ beginning a long period of European colonization there. The history of Jamaica as a European outpost saw the island under Spanish rule for 150 years‚ during which the city now known as Spanish Town was established and flourished as the
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MANAGEMENT FACULTY OF BUSINESS ADMINISTRATION‚ UNIVERSITY OF LAGOS‚ LAGOS ‚ NIGERIA. ABSTRACT This paper examines causes of unemployment in Nigeria as well as the consequences and implications of graduate unemployment in Nigeria. The paper also provides useful suggestion and recommendations on how to curb graduate in Nigeria. The paper adopts empirical analysis to examine the causes of unemployment in Nigeria. The data used in this study is of two type primary and secondary data. However‚ for the primary
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