optimistic. Those school leavers in the age of 15-24 entering the labor market have little competitiveness compared graduate job applicants‚ especially when the supply of graduate workers are so abundant in the market (Chung Kim-wah 2009). The unemployment rate of them keeps rising and reached 19.5% in 2008 (Youth Study Series 2009). Those unemployed receive no salary while they need money for daily expenses‚ creating potential financial burden on them. Facing competition among themselves‚ the young
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build their livelihoods through buying then selling goods and services. In addition‚ there is little to no government intervention‚ so people can amass wealth without fear of retribution. There is a downfall to this seemingly flawless concept: unemployment. In a society whose standard of living is based solely on their income‚ it’s not unusual to see how rampant the economic imbalance is in America. Because of this imbalance‚ there is widespread homelessness‚ unreliable employment‚ and unnecessary
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Depression came as a surprise to Canadians. When the stock market in the US‚ the biggest exported target for Canada’s primary resources after war‚ crashed‚ they reduced their demand for the products‚ people in Canada’s primary industries went bankrupt‚ unemployment rate raised from four point two percent to thirty percent‚ people could no more effort the luxurious lives‚ they did not buy much goods‚ which made other Canadian companies bankrupt‚ within a year millions of Canadians lost their jobs. Canadian
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Consequently‚ those countries are struggling to repay the long-term foreign debts and unable to escape the vicious circle of poverty. Second‚ there is a great deal of troubles for the society with too many people. For example‚ the appreciation of unemployment rates will cause bad impacts on social welfare; and the education and healthcare system may not be able to meet the needs of the public. Also‚ the community will be suffered from severe hunger‚ formidable crime rates and unstable politic situation
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CASE STUDY Cherry Grace Cuizon Danice Marie Lorenzo Roselle Corpuz Roleen Carl Cuarteron Ralph Anthon Tato Problem The increasing number of unemployment rate in the Philippines and parallel to this is the increasing number of poor people Objectives Alternative Course of Action Freeing the majority of the Filipino people from feudal bondage through a genuine agrarian reform program and rural industrialization. Establishing a livelihood and vocational programs in ever community if possible
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FACTORS CONTRIBUTING TO HIGH UNEMPLOYMENT RATE AMONG GRADUATES. CARRINE .A. NANDWA ABSTRACT Each year numerous graduates emerge and start the search for jobs with little or no success. This project will study some of the factors leading to unemployment among graduates despite being educated and competently qualified to work in their area of study. Some of the factors to be considered are gender‚ experience‚ graduate success among others. The data for this research will be mainly primary data‚
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High unemployment rate hits Eurozone Executive summary This report is going to evaluate the financial situation which happened in the Eurozone since the year 2008. As we all know‚ the Eurozone suffers the financial crisis and debt crisis in the 2008 and 2010 respectively. This two events lead the economic situation in Eurozone falls into the recessionary status. As the economy continues to fall down‚ the countries in Eurozone is plagued by many problems. And the unemployment issue is a main
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‘You don’t live when you are unemployed—you exist’ (Jackson & Crooks 1993). Impact of unemployment and Cultural Norms on environment and development “Think Globally‚ Act Locally” 1. Introduction. The concept of “environment” has evolved since it started to become a global issue in the early 1970s. At first‚ it was a kind of global recognition that the Earth‟s ecosystems are in fact fragile‚ and that human beings have been contributing much to its de generation. When countries started to join efforts
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Advances in technology will result in a growth in unemployment. Technological advances allow society to produce more output from the existing mix of resources. These advances may take the form of less costly methods of producing existing output or may result in the production of new (or substantially improved) commodities (such as DVD players‚ HDTV‚ anti-lock braking systems‚ and similar innovations). Society clearly gains from the production of either more output or more highly valued output. Nevertheless
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Introduction Paper What is social welfare/social services? They are services/assistance provided by the government to help those in need. They help benefit the community‚ including things such as education and housing. The goal of social welfare is to fulfill the social‚ financial‚ health‚ and recreational requirements of all individuals in a society. Social welfare seeks to enhance the social functioning of all age groups‚ both rich and poor. Recipients of social welfare vary throughout the world
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