Curbing Unemployment through Skills Acquisition: A Study of the National Directorate of Employment (NDE)‚ Kaduna State By AMUPITAN‚ Oboromeni Federal University‚ Lokoja Nigeria January‚ 2011. ABSTRACT The paper “Curbing Unemployment through Skills acquisition: A case of the National Directorate of Employment (NDE)”Kaduna State is about unemployment and how it can be reduced through skills acquisition. This work is aimed at finding out how the NDE has reduced unemployment through its skills acquisition
Premium Unemployment
of people who are involuntary out of work. This means that they are actively seeking a job but unable to find it. Unemployment usually occurs when there is a lack of demand for labour by firms in an economy. The most common types on unemployment are classical‚ structural‚ frictional and cyclical unemployment. The natural rate of unemployment refers to the lowest level of unemployment that can be sustained by an economy without increasing the rate of inflation. This function depends on certain economic
Premium Unemployment Minimum wage Keynesian economics
IB Economics Economics Task 11 Block G| Louis Cheng Louis Cheng The relationships among real GDP growth rate‚ unemployment rate and consumer price index of Japan between 1999 and 2009 In this essay‚ we will be looking at Japan’s economy through the 3 macro-economic indicators. The economy of Japan is the second largest in the world in terms of nominal GDP‚ after the US. Economic growth in Japan‚ however‚ has been slow in the recent decade: throughout the 1990s her growth was slower
Premium Inflation Economics Gross domestic product
A REVIEW OF THE ROLE OF ENTREPRENEURSHIP IN STIMULATING ECONOMIC GROWTH‚ REDUCING UNEMPLOYMENT AND INCREASING LEVEL OF INCOME IN LOW TO MIDDLE INCOME COUNTRIES. INTRODUCTION This paper sets out to review the role of entrepreneurship in stimulating economic growth‚ reducing unemployment and increasing levels of income in low to middle income countries. Nieman and Nieuwenhuizen (2009) states that the contribution of entrepreneurs to the economy can be attributed to their special qualities. They
Premium Economic growth Economics Unemployment
Ruel Kristofer C. Sabangan 3 – E1 Determining the Impacts of Labor Participation Rate‚ Unemployment Rate and Gross National Income per capita On Total Crime Rate in the Philippines I. Introduction Crime is inevitable‚ it occurs every day and it might be even happening right now. It is a nuisance and it greatly affects the society. People has their own reason for doing this kind of atrocity‚ it is a common understanding that if a person is without a job‚ he/she wouldn’t gain income‚ without
Free Economics Unemployment
US. With the recession and an unemployment rate of almost 10 per cent‚ the recent figures of those emigrating is outstanding. In 2010‚ we saw over 65‚300 people leaving the country‚ the same number of those who left in 2009. This shocking figure is just below the number of emigrants in 1989‚ when unemployment in Ireland was at almost 18%. Ireland has moved from having the second lowest unemployment rate in the EU in 2007‚ to the second highest currently. Unemployment has risen faster in Ireland than
Premium Inflation Unemployment Recession
Introduction: The unemployment rate is the proportion of the economically active population that is unemployed and actively looking for employment. In 1990‚ Zimbabwe embarked on a programme of Economic Reforms popularly known as Economic Structural Adjustment Programme (ESAP) and 1991-1992 saw one of the worst droughts. With close to 70% of the population living in the rural areas (CSO 1992) and dependent on agriculture for their livelihood‚ this constituted a major disaster. One result of these
Premium Economics Macroeconomics Inflation
The text discuss unemployment rate as a measure of economic performance. Another way to gauge economic performance is to count the number of jobs or number of people employed in the economy. Discuss the differences between these two measurements of job creation. Is either measurement better than the other? - The unemployment rate measures the number of workers who are at least 16 years old‚ who are not working and who have been trying to find a job within the past four weeks and still haven’t
Premium Measurement Unemployment Employment
Unemployment refers to the number of people in an economy who are willing and able to work‚ but are unable to get a job. Some effects on the economy are that individuals need to satisfy their needs before their wants‚ therefore decreasing their standard of living. Businesses will have to cut prices in order to sell their products. By cutting prices this leads to sometimes negative profits. If this happens to a business constantly the business will go out of business which will lead to an increase
Premium Economics Great Depression United States public debt
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment‚ inflation‚ recession‚ etc.)? What fiscal policies and monetary policies would be appropriate at this time? THE PROBLEM: US is the leading economy of the world but is under a recession since 2008 or so. Unemployment is at record high and is the biggest problem areas for policy makers. No jobs means consumer confidence and business sentiment also suffer. The problem stared
Free Monetary policy Inflation Economics