KATILI UNIVERSITY OF NAIROBI WELFARE ECONOMICS PROFESSOR KAMAU Abstract Unemployment can be defined as a state where by people are unable to contribute to the economic growth due to lack of jobs. These people must however be qualified and constantly looking for a job without any success. They therefore fail to secure an opportunity that can enable them to earn their living. Because of unemployment‚ people are unable to contribute to the economic growth‚ not because they are weak‚ but
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is able and willing to work yet is unable to find a job. Unemployment rate is the number of people officially unemployed divided by the labor force. Official unemployment measures those over the age of 16 who are able for employment‚ but are unable to obtain a job. The labor force is the number of people over the age of 16 who are either employed or unemployed. In year 2005‚ unemployment rate in Malaysia (3.0%) higher than unemployment rate in Cambodia (2.5%). Malaysia is a heaven for job seekers
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Poverty has always been with us from beggars outside the gates of Jerusalem to the mentally ill homeless woman in the park. America is known for our huge difference in culture and class. This is due partly to the dynamics behind the political decisions of this country. The president himself admits that America is more unequal than it’s been since the great depression and many of his own supporters say he has failed. America now has‚ by many standards‚ the lowest social mobility of all of the high-end
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CAUSES OF POVERTY “Poverty is the worst form of violence”- Mahatma Gandhi. Poverty is a problem of unmet human physical need. That is‚ persons and families in poverty lack the goods and services needed to sustain and support life and the income to purchase the goods or services which would meet those needs. Have they been lazy‚ made poor decisions‚ and been solely responsible for their plight? What are the causes of this extreme need? Overpopulation is the situation of having large numbers of people
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The unemployment rate is the number of people actively looking for employment divided by the labour force. The labour includes adults over the age of 16 who are employed or actively looking for work. The unemployment rate fluctuates because the previously unemployed people start looking for work‚ people who were employed lose their jobs and others stop looking for jobs. South Africa’s unemployment rate at the moment is 25.2%; the number of unemployed people is 4526 divided by the labour force of
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Poverty: An African Crisis Today‚ 300 million African people live on less than $1 US per day (World Bank). The incidence of extreme poverty never seems to go down‚ despite decades of work by African governments and NGOs‚ outside NGOs‚ and foreign government aid programs. What causes this entrenched poverty‚ on a continent rich with natural resources? Unfortunately‚ poverty in Africa doesn ’t result from just one or two causes. There are a number of different factors at work‚ all interacting with
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Running head: POVERTY IN INDIA 1 Poverty in India Charlotte Verser Ottawa University POVERTY IN INDIA 2 I wanted to focus my research on the problem with poverty in India. I became interested in the subject when one of my classmates told the story of how she visited the country and everyone around her was living in poverty. I wanted to focus on the education‚ employment‚ and housing/shelter. Education is not
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Undisputedly poverty has been one of the major persistent social problems in the United States for hundreds of years. Poverty does not discriminate against Caucasians‚ African-Americans‚ Hispanics‚ Jews‚ homosexuals‚ heterosexuals‚ age‚ gender‚ or persons with disabilities. Poverty can strike any population‚ community‚ ethnic group‚ and family. According to the U.S Census Bureau‚ 43.6 million people were in poverty in 2009 which was an increase from 2008. (Insert citation for website). There are
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PATALINGHUG Competition Policy‚ Technology Policy‚ and Philippine Industrial Competitiveness Epictetus E. Patalinghug Abstract The disappointing performance of the Philippine industrial sector in the past five decades has been attributed to several factors such as the lack of a stable macroeconomic environment‚ poor infrastructure‚ low productivity‚ low savings rate‚ and an overvalued currency. This paper attempts to summarize the link between competition policy‚ technology policy
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Poverty Poverty has been on the rise in America‚ mainly because of the recession and now it is reaching new heights. Even though the government is trying to make more beneficial tax cuts‚ and find other various solutions‚ poverty levels continue to rise drastically. But to first find the solution ourselves we must first know what causes poverty and what it is. A simple definition of it is‚ poverty is the state of one who lacks a certain amount of material possessions or finances. Absolute poverty
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