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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Unemployment – France vs. Germany Unemployment is defined by the Bureau of Labour Statistics as people aged 16 or more who are available for work‚ have made specific efforts to find work for the past four weeks but cannot secure a job (1). This essay will be looking at unemployment; however it will be covering a particular element about this subject. Why two similar performing economies can have different unemployment rates will be the main body of this essay. The two examples I will be using to
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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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South Africa has had a pervasive unemployment problem for the past forty years (Lam‚ Leibbrandt‚ & Mlatsheni‚ 2007). According to the Quarterly Labour Force Survey conducted by Stats SA (2012)‚ of the 10.4 million South Africans within the ages of 15 and 24 years‚ 3.3 million (31.6%) are not in employment‚ education or training (NEET). The South African government realized that unemployment‚ inequality and poverty in South Africa are a problem and thus appointed the National Planning Commission
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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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UNEMPLOYMENT AS A PROBLEM OF NEWLY GRADUATES IN THE PHILIPPINES Introduction The country’s education system continues to turn out college graduates whose training and skills are not attuned to the needs of the labor market both at home and abroad. This is the lament of human resources and labor recruitment officials who decry the continuing popularity of glamorous and white-collar courses that produce diplomas but not well-paying jobs. The criticism had been voiced many times in the past
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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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Employment: To what extent has unemployment affected society? Unemployment means being out of job or a situation where the individual is willing to work but has none. The government and the nation suffer due to unemployment. In many countries the government has to pay the unemployed some benefits. The greater the number of the unemployed or the longer they are without work the more money the government has to shell out. Therefore‚ the nation not only has to deal with the lost income and decreased
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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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