Unemployment Rate in Singapore decreased to 1.80 percent in the third quarter of 2013 from 2.10 percent in the second quarter of 2013. Unemployment Rate in Singapore is reported by the Ministry of Manpower Singapore. Unemployment Rate in Singapore averaged 2.51 Percent from 1986 until 2013‚ reaching an all time high of 6 Percent in the first quarter of 1986 and a record low of 1.40 Percent in the second quarter of 1990. In Singapore‚ the unemployment rate measures the number of people actively looking
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Causes of Unemployment In Malaysia‚ the unemployment rate is considered low compared to the early years such as 1986 where the unemployment rate reached as high as 7.6%. Today the unemployment rate is still affected by many factors and in order to make sure it doesn’t reach as high as before‚ we need to find out the causes of unemployment so that we can provide a solution to the cause of it. Foreign labor force with lower wage or salary Redundant workers and fresh graduates with qualifications
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The issue of unemployment in America has been one of the most significant political topics. In August of 2001‚ the unemployment rate of the US was approximately 4.9%. Now‚ 10 years later‚ the unemployment rate has nearly doubled‚ and is currently 9.1% ("U.S. Bureau of Labor Statistics."). Unemployment has become a major problem today because of its negative effects on the economy overall. The American Recovery and Reinstatement Act was passed in 2009 by President Barack Obama with the aim of reducing
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Everybody knows the feeling of hunger‚ some more than others. As the population grows‚ so does the amount of people that live without proper nutrition and food. Hunger and poverty is a problem many Americans face on a daily basis. These two problems have a negative impact on far too many people. The effects of hunger and malnutrition are not only devastating‚ but can be irreversible. Hunger is not caused by a lack of food alone‚ but also by the continued poverty many people face. According to
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Literature Review There is no doubt that unemployment is a burning issue in our society today. By way of an introduction it would be necessary to put a definition to the term unemployment as opposed to employment. A person is considered to be employed if that person has a full-time job and obtains a salary or wage consistent with the qualifications that he or she possess. Unemployment on the other hand‚ refers to situation where a person is a part of the labour force‚ is capable and willing to work
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PHILIPPINES UNEMPLOYMENT RATE Unemployment Rate in Philippines increased to 7.50 percent in the first quarter of 2013 from 7.10 percent in the fourth quarter of 2012. Unemployment Rate in Philippines is reported by the The National Statistics Office (NSO). Philippines Unemployment Rate averaged 9.09 Percent from 1994 until 2013‚ reaching an all time high of 13.90 Percent in March of 2002 and a record low of 6.30 Percent in September of 2007. In Philippines‚ the unemployment rate measures the number
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World War 1 was a tragic event that happened in the early 1900’s. Many people lost their family members and friends. Most may think that Serbia caused World War 1 by assassinating Austria’s archduke‚ but others may say different. Germany caused World War 1 because of the actions they did during this time. Germany caused World War 1 in many ways‚ and here is one. Germany and France were arguing over foreign lands. They argued over the land of Morocco and even and even fought a battle against each
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Macroeconomics Assignment: Unemployment Unemployment Data for August of 2013 Employment (rose/fell/remained unchanged)‚ and the unemployment rate edged (up/down/stayed unchanged) to (?) percent in the last month. Total nonfarm payroll employment increased by 169‚000 in August‚ and the unemployment rate was little changed at 7.3 percent‚ the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade and health care but declined in information. The jobless rate had
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fade‚ and many of them have dropped out of the workforce entirely‚ discouraged by their inability to find work. That‚ in turn‚ has weakened the total potential of the U.S. economy. This is an extremely worrisome situation. It means that long-term unemployment isn’tjust a temporary ailment that will heal itself as the economy keeps rebounding. It has left permanent scars. The U.S. economy will never be as productive as it could have been had we figured out how to get people back to work more quickly
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Unemployment means being out of job or a situation where the individual is willing to work but has none. It either means that they are over qualified for the given work or it is not suited for them. People are unemployed because of insufficient demand of work. Unemployment is a huge challenge facing Philippines. Since that this is one of the countries that have high unemployment rates‚ it slows the growth of the country. Parkin et al‚ states that “To be counted as unemployed‚ a person must be available
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