International Journal of Business and Social Science Vol. 2 No. 16; September 2011 GRADUATES’ CHARACTERISTICS AND UNEMPLOYMENT: A STUDY AMONG MALAYSIAN GRADUATES Associate Professor Dr. Noor Azina Ismail Department of Applied Statistics Faculty of Economics and Administration University of Malaya 50603 Kuala Lumpur‚ Malaysia E-mail: nazina@um.edu.my‚ Phone: +603 79673638 Abstract The main objective of this paper is to investigate the effects of graduates’ characteristics on the chance of being
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Solns: The need for Reforms: Diagnosing the Problems of Education in Africa Proactively speaking‚ I strongly believe that there is possibility for a virtuous circle of education and growth in Africa before the turn of the century‚ and we need to create it. “This means that finance ministers of our States in Africa should be concerned about education‚ and education ministers about economic growth.” South Africa for example should emphasized technical and vocational education by giving it prestige
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My prevailing concerns for the United States of America and its future are unemployment and underemployment. These two issues cannot be solved by throwing money at the problem or creating additional meaningless regulations. These concerns must be faced with vigor and the willingness to experience trial and error. Unemployment in the United States is staggering. The U.S. needs to end outsourcing and once again begin manufacturing their own goods‚ preferably exporting more than they import. It is
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A major problem in the United States is the high unemployment rate. Many Americans are unemployed which in turn is hurting our economy. There are a few ways we could lower the rate of unemployment‚ education in modern technological jobs‚ offering tax incentives to company’s to hire Americans instead of going over seas‚ and with job creation. By allowing the small business to thrive‚ they will produce the most jobs for the dollar invested. First‚ education in modern technological jobs could prepare
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of countries across the globe. This is despite geographical boundaries. Unemployment can be described as the situation where an individual or individuals that are within the labour age (varies between countries) are without jobs even though they are willing to work. Begg (2000) defined unemployment as the measure of the number of people registered for work but without work. In his work‚ Atkinson (1994) defined unemployment as a situation where people are willing to work but cannot find jobs. Several
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i) Frictional Unemployment The function of labour market is to match available jobs with available workers. If all jobs and workers were the same‚ or if the set of jobs and workers were static and unchanging‚ this matching process would be quick and easy. But the real world is more complicated. In practice‚ both jobs and workers are highly heterogeneous (non-uniform). Jobs differ in their locations‚ in the skills they require‚ in the working conditions and hours‚ and in many other ways. Workers
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While the unemployment rate has fallen over the past couple of years‚ the incidence of long term unemployment has been on the rise and therefore still remains a critical policy issue in Australia. The question of how best to reduce unemployment has been a significant part of the policy agenda for more than two decades due to the complex problems it causes for both policy makers and the individuals affected (Dixon‚ 2004 & Walsh‚ 1987). Those that are long term unemployed (LTU)‚ unemployed for 52 weeks
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UNEMPLOYMENT IN INDIA “Jobs in India are shrinking at an alarming rate. Privatization and globalization have further aggravated the problem. Instead of generating employment‚ they have rendered millions of hands idle. American policies are effective there but not in India where the accursed ones are left to fend for themselves leading to frustration‚ disappointment‚ anger and violence". Unemployment is the mother of countless ills. It is such a poison that pollutes the society‚ endangers the democratic
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#4 (Unemployment) 1. The natural rate of unemployment definition: the long-run average or “steady state” rate of unemployment depends on the rates of job separation and job finding 2. Frictional unemployment due to the time it takes to match workers with jobs may be increased by unemployment insurance 3. Structural unemployment results from wage rigidity: the real wage remains above the equilibrium level caused by: minimum wage‚ unions‚ efficiency wages 4. Duration of unemployment most
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UNEMPLOYMENT AND INFLATIONUNEMPLOYMENT AND INFLATION Student: ___________________________________________________________________________ 1. Inflation caused by a rise in per unit production costs is referred to as: A. Cost-push inflation B. Demand-pull inflation C. Unanticipated inflation D. Hyperinflation 2. The view that unions may be a source of inflation would be best associated with the: A. Supply-shock view of inflation B. Cost-push view of inflation C. Wage-push view of inflation
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