A record 202 million people could be unemployed across the world in 2013‚ the International Labour Organization (ILO) said on Tuesday. Five years on from the onset of the financial crisis‚ unemployment is on the rise again as economies around the world lose jobs and the fragile recovery is threatened by "incoherent monetary policy" in the US and Europe‚ said the ILO. According to United Nation’s agency’s latest report‚ Global EmploymentTrends 2013‚ 6% of the world’s workforce were without a job
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Today’s Youth I deeply desire that this article would impact your thinking towards the Youth of Today‚ their potential and capabilities and what they mean to India. I believe that the youth of today are the symbol of strength and power of our nation. Someone has rightly remarked and I quote‚ “Youth is the joy‚ the little bird that has broken out of the eggs and is eagerly waiting to spread out its wings in the open sky of freedom and hope. Youth is the spring of Life. It is the age of discovery
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Effects of Unemployment Unemployment or joblessness is a state of life in which a person is missing a paid employment opportunity and is actively seeking work. Nowadays hundreds of millions of people are off the pay roll‚ roughly corresponding to about seven percent of the world’s population‚ whereas these rates can be much higher in regions of Southern and Western Africa or the Middle East. Furthermore‚ in the era of globalization and in a time of financial market disruptions unemployment is on the
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POVERTY‚ UNEMPLOYMENT and LITERACY ECONOMETRICS PROJECT REPORT S. No. Topics Page No. 1. Objective and Purpose of the Project 2 2. Theoretical Background 3 3. Contents of Analysis 4 4. Regression 5 5. Calculating Residual Sqaure for Heteroscedasticity 7 6. Multicollinearity 10 7. Concluding Remarks 13 OBJECTIVE To ascertain if poverty is caused due to the persistent unemployment and varying literacy‚ i.e.‚ to determine if poverty rate is only a function of unemployment
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For the two career websites‚ I choose Monster.com and CareerBuilder.com. When I was on both websites looking for a job I noticed that on Monster.com there weren’t as many job listings as CareerBuilder.com‚ in addition Monster.com didn’t have as many options to narrow down specific job titles or certain companies like CareerBuilder.com had. Also while comparing the two websites I noticed that in Monster.com the descriptions for the job titles didn’t have as much information as CareerBuilder.com had
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The causes and consequences of unemployment Unemployment causes There are three main causes of unemployment‚ the first is cyclical unemployment which is unemployment arising from a lack of aggregate demand. Demand for most products are likely to be low and unemployment may be high. Since not a lot of people are buying a product‚ firms do not need as much labour and will reduce it leading to unemployment. This in turn will lower disposable income and decrease demand for certain products‚ hence
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Macroeconomics Case study a) Do you agree on this article. Please give your comment. Yes‚ I do agree on this articles. The reason given is logic and reasonable. Firstly‚ the fresh graduate can write and understand English‚ but they seems to have problem speaking in English. English are known as international language and is important to be able to communicate with it. This will help them to communicate in big company because if they have an international client‚ it would be easy for them to communicate
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Homeless Youth Availability of housing facilities is of significance in the life of children/youths in the society. Homeless youths are the individuals that are under the age of eighteen years who lacks consistent place to stay or whose residence is a private or public shelter that is meant to give a temporal accommodation. America is the most industrialized and a superpower in the word but it has millions of residents who live below the poverty line that is set by the United Nations. Many of
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Section 1:Youth Culture and Sub-cultures Youth defined as a separate social category from children and adults only became the subject of sociological and media interest in the 1950s. Early theories focused on the concept of youth culture‚ i.e. the idea that young people in general shared a common culture and identity which set them apart from adult culture. 1. The development of youth sub-cultures Introduction The idea that youth subcultures are a product of social class
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What is unemployment? Unemployment (or joblessness) occurs when people are without jobs and they have actively sought work within the past four weeks. 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 labor force. Types of Unemployment: * Classical Unemployment Classical or real-wage unemployment occurs when real wages for a job are set above the market-clearing
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