Structural Unemployment The unemployment has being a big issue for United States since the big recession started in 2008. According to the United States Department of labor the unemployment rate is 8.2 percent for may 2012‚ in others words‚ around 14.000 million of people in USA are unemployed; however‚ and spite of the great necessity of unemployment people for finding a job there are approximately 3.500 million of open jobs that cannot be fill because of the mismatch of labor force’s skills and
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scroll ‚ its not mean your automatic passport to employment. Higher education is no longer a symbol to u easy got a job * Nowadays‚ the employer will find the worker who had a lot of experienced one compared to the one without experience. * This scenario reveals that‚ there izs a skills gap between what skills are required by employers and what skills graduates have. * Lack of experience and skills are also causes of graduate unemployment. private sector today is not interested in recruiting
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TYPE OF UNEMPLOYMENT There are four type of unemployment that are: 1. Frictional unemployment This type of unemployment is temporary. There are three main groups that belong in this type of unemployment. i. People who look for a job for the first time such as fresh graduate and school leaver. ii. Re-entrants or people who quit their job to rest but want to work again. For example‚ a house wife who quit her job to raise her children and rejoin the labour force again when the children are all
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1. Describe the trends in unemployment and inflation The number of people out of work fell by 14‚000 to 2.5 million in the three months to December 2012 (ONS).The unemployment rate was 7.8%‚ of the economically active population‚ down 0.1% on July to September 2012. A few months after the start of the recession in 2008‚ unemployment started to rise sharply. When the global financial crisis hit‚ the unemployment rate was a little over 5% or 1.6 million. Towards the end of 2009‚ with the UK coming
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Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph essay‚ apply the theories of unemployment to explain the type of unemployment that each of these individuals is facing and explain which of these individuals qualifies for unemployment benefits: Two months ago‚ Marcelle used to work full time in an automobile manufacturing firm. "The factory where I used to work has closed because our market contracted so much‚ and so I was laid off. This is happening
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Solutions The Mayor of a large city was given a free membership in an exclusive golf club by people who have received several city contracts. He also accepted gifts from organizations that have not done business with the City but might in the future. The gifts ranged from $200 tickets to professional sports events to designer watches and jewelry. The Mayor of the city actions are self-serving.‚ for he is receiving all the benefits. The greater good is not being served here because small businesses
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Unemployment is one of the biggest problems of Pakistan. Even a person unemployed who has ability to do work and is willing to do work is unable to get job opportunity .In the current situation more than 30 lac people are unemployed in Pakistan and unemployment ratio is more than 12/I want to share the reasons because of which the rate of unemployment in Pakistan is very high . The higher growth rate of population is the major cause of unemployment in Pakistan .the resources of the country are
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The Study addresses basically the issue of youth unemployment within the overall context of the Lebanese labor market conditions. It has proposed an in-depth analysis of the conditions prevailing in the Lebanese labor market‚ and associates the impact of the Lebanese civil strife that raged the country in 1975‚ on the socio-economic structure of the country‚ affecting mostly the Lebanese economy. The study was divided into four sections: 1. An overview of the Lebanese labor market; 2. The youth
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Economics Commentary U.S. Employers slashed jobs for the third straight month in March and unemployment rose to a nearly three-year high‚ offering the latest signs that the economy has fallen into a recession. The Labor Department’s much anticipated report‚ released Friday the 4th of April‚ showed a net loss of 80‚000 jobs last month. That marks the third straight month that jobs have fallen - the longest period of decline since early 2003. Now having acknowledged that the US is in a recession
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Expenditure 1 Real annual per capita expenditure 2 Trends in money metric poverty 3 Income distribution 4 Sources of household income 5 Distribution of household expenditures 4. Employment 1 Labour force participation 2 Unemployment and underemployment 3 Sectoral distribution 4 Real Wages 5 Dependency ratio 5. Nutrition 5. Education 1 Adult literacy rate 2 Primary school gross enrolment rates
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