Yuvraj Suri- Employment How has Unemployment been linked with poverty in past few years? Unemployment lies at the core of poverty. For the poor‚ labor is often the only asset they can use to improve their well-being. Hence the creation of productive employment opportunities is essential for reducing poverty and it is crucial to provide decent jobs that secure income for the poor. As the rate of unemployment increases the poverty would also increase as the people’s wants would increase. GLOBAL
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During the 1970’s-1990’s the increase in the rate of unemployment in Australia can be explained through the combination of increasing real wage rates and a slow rate of output growth. The reason behind such prolonged periods of high unemployment was due to our inability to reverse the effects of the sudden unemployment rate shocks fast enough (prolonged recovery periods) which resulted in Australia experiencing high levels of long-term unemployment. In May 1997‚ 30% of unemployed Australians had been
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Factors Causing Unemployment Even with a booming economy‚ there are still some countries experiencing the imminent problem of unemployment. This paper analyzes the major factors affecting the high unemployment rate in the Philippines. The country has showed some positive progress on their economy; however‚ its unemployment rate still ranks highest among its neighboring Southeast Asian countries. Unemployment affects so many aspects of the economy‚ so knowing the root causes of unemployment will help the
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Essay Topic: Unemployment in India: Causes‚ Effects and Solutions Unemployment refers to the the state of being unemployed or not having a job i.e. joblessness. A person is said to be unemployed if he or she is looking for work or is willing to work at the prevailing wage but is unable to find the job. Our country is set to be progressing by leaps and bounds in the matter of economy but this progress is low sided that the net results is the sharp increase in the number of unemployed. Population
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Unemployment Rates in the United States According to the most recent report put out by the United States Department of Labor‚ in the month of February‚ 49 states saw a decrease in nonfarm employment while Louisiana was the only one where they had seen an increase in nonfarm employment. California had a decrease in jobs since January by 116‚000 with Florida in second with 49‚500 jobs lost. While Alaska seen the smallest decease in unemployment by just 100. And again Louisiana is the only state
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Alabama‚ to restrain appellants‚ the Attorney General and the Unemployment Compensation Commission of Alabama‚ from collecting the money contributions exacted of them by the provisions of the Alabama Unemployment Compensation Act. 4. From the decrees of the district court‚ three judges‚ granting the relief prayed‚ the case comes here on appeal. 5. The Unemployment Compensation Act sets up a comprehensive scheme for providing unemployment benefits for workers employed within the state by employers
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NIGERIA’S HIGH RATE OF UNEMPLOYMENT 18 Sep 2013 The government should move fast to curtail the scourge The chairman of the Subsidy Reinvestment and Employment Programme (Sure-P)‚ Dr. Christopher Kolade‚ has bemoaned the rising rate of unemployment in the country‚ saying that no fewer than 40 million Nigerians are without jobs. Even before Dr. Kolade spoke‚ Nigerians were already aware of the dire situation as unemployment rate in the country has been increasing over the years. According to
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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
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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
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Youth unemployment causes trouble to everyone. Some people don’t care about youth unemployment . However it is a major problem in Canada caused mainly by the lack of education that the youths are receiving and the lack of jobs that are available. High unemployment amongst youth is directly related to the lack of education‚ training‚ and skills. High school dropouts are four times more likely to be unemployed as those students that have completed four or more years of college. High school graduates
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