1. Describe the trends in unemployment and inflation The number of people out of work fell by 14‚000 to 2.5 million in the three months to December 2012 (ONS).The unemployment rate was 7.8%‚ of the economically active population‚ down 0.1% on July to September 2012. A few months after the start of the recession in 2008‚ unemployment started to rise sharply. When the global financial crisis hit‚ the unemployment rate was a little over 5% or 1.6 million. Towards the end of 2009‚ with the UK coming
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by government to limit the amount sellers are allowed to charge for their products or services. This is to prevent sellers from setting high prices and thus‚ making goods more affordable for the general public. While their intention to protect the welfare of consumers is well-meaning‚ this measure can sometimes backfire when the price equilibrium is disrupted. In terms of scarcity issue‚ setting a price ceiling can escalate the problem instead of solving it. This is because when a maximum price
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Unemployment From Wikipedia‚ the free encyclopedia Unemployment (or joblessness)‚ as defined by the International Labour Organization‚ occurs when people are without jobs and they have actively sought work within the past four weeks.[2] 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 labour force. In a 2011 news story‚ BusinessWeek reported‚ "More than
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to buy food from a middle man‚ instead of growing‚ gathering‚ or hunting the food directly from nature. Dependence on jobs to make money to buy food and shelter was the beginning of unemployment. Because it has not always been acknowledged or measured systematically‚ there are limited historical records on unemployment. Industrialization involves economies of scale that often prevent individuals from having the capital to create their own jobs to be self-employed. An individual who cannot either join
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bjournal.co.uk/BJASS.aspx Graduate Unemployment in Nigeria: Causes‚ Effects and Remedies. Dr. Oluseyi A. Shadare Department of industrial Relations and Personnel management‚ University of Lagos‚ Akoka‚ Yaba‚ Lagos‚ Nigeria seyidare2001@yahoo.co.uk Elegbede Sikirulahi Tunde Department of industrial Relations and Personnel management‚ University of Lagos‚ Akoka‚ Yaba‚ Lagos‚ Nigeria‚ telegbede@unilag.edu.ng Abstract This paper examines causes of unemployment in Nigeria as well as the consequences
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Unemployment by Tylor Burrows Unemployment is seen as a large problem for both developed and developing countries. It is typically understood as the condition of not having a paying job‚ even though a person is willing to work. There are many possible causes of unemployment‚ such as: lack of education or skills‚ jobs moving to other areas‚ incorporation of technology‚ or weak economies. This essay will explain why unemployment is a problem‚ and suggest some possible solutions. Unemployment
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Our nation protects the common welfare while protecting our natural rights. There is controversy‚ on some issues‚ whether the common welfare‚ the whole country‚ is more significant than the individual rights of the people. However‚ one simply cannot be more vital since they correspond with each other. The definition of common welfare is what is in the best interests of everyone in the country while natural rights are the right to life‚ liberty‚ and the pursuit of happiness. The Declaration
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experiencing unemployment crises because of lack of job opening in our society. Even those who are fresh graduates in college are hard to get job‚ mostly those graduated in college are jobless and they are vacant only in their house. This is the reason why Philippines tackles unemployment rate in economic crisis. Once‚ there are job openings that need many options and requirements‚ so other people are not qualified of it and they may experience hard getting a job. Also‚ because of unemployment crisis
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I think that the problem of youth employment is very actual and must be solved as quick as possible. Most of young people in Russia nowadays get higher education chiefly because it is in basion now. They all go to institutes or universities and even academies. But the quality of education nowadays leaves much to be desired. As a result the country will have a lot of specialists especially doctors‚ managers and lowers. But their quality will be very low. It is one problem. The other problem
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Combat Boredom and Isolation: Inexpensive Tactile Games for People of All Ages Who Are Deaf-Blind and/or Have Hearing Problems with Low Vision Written By: Heather Schoenwald‚ M.S and Stephanie Brumbaugh June 29‚ 2010 Over time‚ we have heard the expression: “I am so bored” from various people who are Deaf-Blind or Deaf/ Hard-of-Hearing with Low Vision. Many are unable to play games with others because of their vision problems. Our solution was to establish “Deaf-Blind Game Night” at Chestnut
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