the Depression is largely synonymous with the birth of modern macroeconomics‚ and it continues to haunt successive generations of economists. With respect to labor and labor markets‚ these facts evidently include wage rigidity‚ persistently high unemployment rates‚ and long-term joblessness. Traditionally‚ aggregate time series have provided the econometric grist for distinguishing explanations of the Great Depression. Recent research on labor markets in the 1930s‚ however‚ has shifted attention from
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Poverty is a serious issue that has been going on for centuries. Every day there are people who die due to hunger but there are solutions to reducing‚ and even stopping‚ poverty. Global poverty comes in an abundance of shapes and sizes. One of the main sources of poverty is the lack of investment in the future at all levels. The manufacturer outsources to China because he does not want to invest in long-term employees. The government does not want to invest in quality employees through education
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UNEMPLOYMENT ANALYSIS IN KENYA Dawn Mwalo Supervisor: assistant Fastova N.I. Kharkov National University of Radioelectronics (Lenina street 14‚ department of Economic Cybernetic‚ Kharkov 61166‚ Ukraine‚ (057)70-21-490) E-mail: elizabeth_mwalo@yahoo.com The given work is devoted to one of the most important problems of unemployment in many nations’ economies. The main goals of this work are to make analysis of the tendency of trend of the unemployment rate
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English 101 12 November 2013 Problems in Poverty “The poverty of the poor is their destruction”‚ says the Book of Proverbs. As in any story there are two sides to be told. It is neither the rich man nor the poor man’s fault but rather a compilation of responsibility on both sides. Stories on the television or articles in the newspaper inform American’s frequently on the issue of poverty in this country. The types and studies of American’s living in poverty is on the rise. There are children going
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Causes of Poverty: The basic causes of poverty in India are as follows: (1) Colonial Exploitation: During the British administration‚ the industrial sector of the economy was completely destroyed. The people were bound to depend on agriculture. The man-land ratio declined giving rise to widespread underemployment and disguised unemployment. Further the Britishers compelled the poor farmers to sell their product at a lower price and sold the British industrial product at a higher price in Indian
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INTRODUCTION This School Based Assessment is about the topic‚ “Teenage Pregnancy in my Neighborhood.” The people living in the various areas in Montego Bay Freeport consists of residents from all over the world. There are Chinese‚ English‚ American‚ Indian Jamaican and even German residents. Most of the residents in the neighborhood have teenagers‚ a majority of them are girls and the minority is boys. Most of the girls are teenage mothers‚ who have to care and provide for a child and some even
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Youth Unemployment South-Africa is currently struggling with a large unemployment amongst the youth. The National Development Plan has identified a number of policy interventions to improve youth employment. In your view‚ what are the causes of youth unemployment and what should government do to improve the levels of youth employment? Identify the pros and cons of each of your proposals. “Give a man a fish and feed him for a day. Teach a man to fish and feed him for a lifetime” (Chinese
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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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