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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Unemployment Rates Daniel Park March 28‚ 2013 America continues to have a high unemployment rate that causes many Americans to move out of homes‚ while South Korea has of the lowest unemployment rate. The U.S. has struggled with continuous rise of employment rates since 2008. The main focus to the issue is creating jobs. America believed that creating jobs would be able to help the economy because people would be able to get jobs. So the government tried to add as many jobs they would
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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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reduces‚ then eventually eliminates the need for human intervention.” said by Ankit Kumar Srivastava (Srivastav‚ 2013) With the development of technology‚ the US president‚ Barack Obama argued‚ in June 22‚ 2011‚ that the automation would cause some unemployment in a way. While‚ the opposite side like Milton Friedman came up with lot of drawbacks of low-level technology to the society. Objectives There are three objectives in this report. The first one is to find the
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Unemployment in Bihar : About 8.3% working hands are unemployed in Bihar. This is 2.5 times more the national average of unemployment for the last fiscal‚ informs the labour bureau‚ a wing of the Union labour ministry. As per the data compiled on the basis of status of 10 to 12 families across all blocks nationally‚ 203 women and 58 men out of each 1‚000 persons are unemployed. Senior joint director of finance and statistical department‚ Bihar‚ Jitendra Kumar Sinha‚ said more than 10‚000 households
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Chapter I The Problem and its Background Introduction Today’s environment is beset of problems. Several years have past but the problem on garbage is still existing and proliferating as decades and decades come. It has been a pressing problem to governmental organization and also to include non-governmental organization on how are they going to address the problem. The problem on garbage does not only affect the environment but also the lives of the entire populace. It affects everyday lives of
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Institution: Inflation is the rise in general prices of goods and services over a specific period of time. Unemployment is a state where people are able and willing to work at the ongoing market prices of labour but they are unable to secure a job. According to the Phillips curve‚ there is a consistent relationship between inflation and unemployment (Nevile‚ J. W. 1981‚ pg 3). When the rate of unemployment is low‚ the level of inflation is high and when the level of employment is high‚ inflation level is
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The Truth about “Hot Cheetos” Teenagers and children today are not only suffering from serious health issues‚ but also are putting their lives at risk. It is not only the fact that they choose to eat unhealthy‚ but more so that they have these delicious‚ mouthwatering‚ and cheap foods right in their cupboards. “Junk food”‚ as stated by Gregory Lopez‚ soared during the 1980’s and 1990’s‚ doubling among adults in the U.S. and tripling among children (Natural News). Studies show that the number one
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The unemployment rate An unemployed person is one who is able and willing to work yet is unable to find a job. The unemployment rate is the number of unemployed workers divided by the total civilian labor force‚ which includes both the unemployed and those with jobs. Measuring the number of unemployed workers actually seeking work is very difficult‚ but there exists several different methods to do so. Each method has its own biases and the different systems that make comparing unemployment
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DEFINITION OF UNEMPLOYMENT Unemployment means number of people who are not in work‚ but who are available for and actively seeking work. Which mean they are fully qualified for the job they are looking for but due to a countries economy status they might not have a job. ISSUES ON UNEMPLOYMENT AMONG MALAYSIAN GRADUATES In this challenging world‚ competition is everywhere. Individual works hard to equip themselves with knowledge and skills to avoid being left far behind and survive. Obtaining
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