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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Reduce unemployment Unemployment is a huge problem. Unemployed workers are experiencing financial losses‚ and causing a burden on tax payers providing benefits to the ex-worker. The national economy suffers because of lower output and instead of gaining tax money‚ losing it. People in disparity for money resort to crime and the list goes on and on. According to the U.S bureau of statistics‚ the U.S has an unemployment amount of 16 million‚ with another 7 million under employed. That is the
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The rising unemployment rate among fresh university graduates today is an upsetting trend. Now the pool of unemployed graduates is rising to worrying levels even in some high-growth economies. This is due to several factors or causes that result in the increase of the unemployment rate today. This article brings and discusses the main causes and issues/effects on the unemployment of many fresh graduates. It is expected that this study of unemployment will achieve the objective and highlights of some
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Unemployment Problem in Australia Introduction According to the Labor government and the mainstream media‚ Australia has one of the lowest unemployment rates in the world. In reality‚ joblessness has risen to serious levels‚ and is worsening‚ in working class suburbs across Australia. Officially‚ the unemployment rate in Australia increased to 5.70 percent in October of 2013 from 5.60 percent in September of 2013(Trading Economics‚ 2013). Unemployment is troubling for the unemployed people and
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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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Introduction “Unemployment is a situation where people of a country are willing to work‚ able to work but cannot find jobs.” Officially unemployment is defined as the situation of being without work‚ wanting work‚ and actively seeking work. It is usually measured as a percentage of the people in the total labor force or the total for some social group. During periods of recession‚ an economy usually experiences a relatively high unemployment rate. Economy of an individual is at the utmost priority
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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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Unemployment: Introduction: Unemployment (or joblessness) occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession‚ an economy usually experiences a relatively high unemployment rate. In a 2011 news story‚ Business Week reported‚ "More than 200 million people globally
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