"The Economic Effects Of Unemployment In Nigeria" Essays and Research Papers

  • The Economic Effects Of Unemployment In Nigeria

    solving youth unemployment in Nigeria The federal government recently inaugurated inter-ministerial committee on job fair to address all the identified barriers to job creation and sustainable livelihood in the country, OLUGBENGA SALAMI writes Tell those graduates to stop combing here and there for jobs. If there are no lucrative offers of employment, they should establish themselves by starting something. Unemployment is a pest that has and still eating deep into the fabric of Nigeria. Let them...

    Economics, Economy, Employment 1352  Words | 5  Pages

  • Effects of Unemployment

    ------------------------------------------------- Psychological Effects of Unemployment and Underemployment The current state of the economy continues to be an enormous stressor for Americans, with 78 percent reporting money as a significant source of stress (APA, 2009). Unemployed workers are twice as likely as their employed counterparts to experience psychological problems such as depression, anxiety, psychosomatic symptoms, low subjective well-being and poor self-esteem (Paul & Moser, 2009). Like unemployment, underemployment (e.g...

    Economic inequality, Economics, Economy 946  Words | 3  Pages

  • Youth Unemployment in Nigeria

    Youth Unemployment in Nigeria INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154, 729,000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1, 4011. Nigeria also has the second largest economy in Africa. If I may ask, is this country not blessed? Yet, it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government and...

    Crime, Economics, Economy 1213  Words | 4  Pages

  • Youth Unemployment and Implication for Political Stability in Nigeria (1999-2011)

    YOUTH UNEMPLOYMENT AND IMPLICATION FOR POLITICAL STABILITY IN NIGERIA (1999-2011) YOUTH UNEMPLOYMENT AND IMPLICATION FOR POLITICAL STABILITY IN NIGERIA (1999-2011) CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY In Nigeria, civil rule has been restored for over a decades ago, which has given people so much hopes and expectations for political stability to enjoy the value of democratic rule. For instance, it is assumed that with democracy, people would...

    Economics, Economy, Exploratory research 2162  Words | 7  Pages

  • The Effects of Globalization on Nigeria

    some suggest that globalization has led to an intrinsic bias in the world economic order against LDCs that is making it impossible for them to prosper (Edokpayi, 2004). To explore this issue I wish to analyze the effect of globalization on one of the richest countries in resources in Africa – Nigeria. I want to explore in particular the negative and positive effects that oil prospecting has had in the Niger Delta region of Nigeria, economically, socially and environmentally. I also wish to analyze the...

    Economics, Extraction of petroleum, Niger Delta 2324  Words | 7  Pages

  • Unemployment- Economics

    UNEMPLOYMENT: Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed persons divided by the number of people in the labor force. http://www.investopedia.com/terms/u/unemployment.asp#ixzz2NJ3XTGJR Unemployment causes many problems for the whole society YEAR | PERCENTAGE...

    Business cycle, Economics, Great Depression 758  Words | 3  Pages

  • economic crisis in nigeria

    Economic Crisis in Nigeria. NIGERIA. (google)The evolution of Nigeria was from about 1849 until it attained independence in 1960. During this period a lot of events occurred, and is largely the story of the great impact of the British on the Nigerian people. The colonial authorities (British) sought to define, protect and realize their imperial interest in the portion of West Africa because of its endowment with natural resources, apparently this occurred about hundred years ago. The British...

    Economic growth, Economics, Gross domestic product 1705  Words | 5  Pages

  • Youth Unemployment and Crime: a Case Study of Otta Metropolitian Area

    YOUTH UNEMPLOYMENT AND CRIME: A CASE STUDY OF OTTA METROPOLITIAN AREA “THE EFFECT OF UNEMPLOYMENT ON YOUTH” 1. INTRODUCTION Unemployment describes the condition of people who are without jobs; unemployment is a global trend that mostly occurs in developing countries of the world, which not only affects them socially but also psychologically. “Unemployment is one of the developmental problems that face every developing economy in the 21st Century. International statistics portray that...

    Economics, Economy, Inflation 1226  Words | 5  Pages

  • effects of unemployment

    EFFECTS OF UNEMPLOYMENT The stabilization of human personalities; every individual child or adult needs emotional security and a source of release from stresses and strains of every day life. This provided by emotional support of partners and the chance for parents to indulge with their children. This helps to prevent stress from overwhelming the individual and threatening the stability of family and society. Parents provides economic support to its members particularly...

    Health, Health care, Nutrition 1506  Words | 4  Pages

  • Unemployment: An Economic Condition

    Definition An economic condition marked by the fact that individuals actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economic conditions and other circumstances. Unemployment describes the state of a worker who is able and willing to take work but cannot find it. As indicated by the unemployment rate and other yardsticks, unemployment is an important measure of the economy's strength. A high...

    Business cycle, Economics, Economy 1525  Words | 6  Pages

  • Nigeria Economic Bloc

    The aim of this work is discuss Nigeria’s regional economic bloc (ECOWAS), the implications of this Economic Bloc to International Business and its advantages and disadvantages to Nigeria. Introduction: Nigeria is a country located in West Africa; it has a population of about 160,027,000 (World Economic Fact Book 2010). Its main produce is oil and petroleum; the country is also a key...

    Africa, Economic Community of West African States, Economic integration 2714  Words | 4  Pages

  • Nigeria

    Malnutrition in Nigeria Malnutrition in Nigeria is a long standing problem which has persisted since the 1960s and whose magnitude is on the rise. Food consumption, both in quality and quantity, has decreased substantially, especially with the commencement of the structural adjustment program (SAP) in 1986. Available studies have indicated that the introduction of economic reforms more than anything else has contributed to reduced food intake and the near collapse of nutrition oriented health...

    2007–2008 world food price crisis, Eating, Famine 1265  Words | 4  Pages

  • Unemployment and -economic Impact

    Unemployment* And Inflation* Presented by Names CONTENT LIST………………………………………. A .Unemployment: -Defining unemployment & its economic interpretation ………………………… -Measuring unemployment…………… -Rates of unemployment in Egypt……. -Impact of unemployment and its consequences: -Economic impact……………. -Social impact……………….. -Kinds of unemployment………. .Frictional .Structural .Cyclical .voluntary & involuntary unemployment -Causes of unemployment...

    Economics, Employment, Inflation 537  Words | 3  Pages

  • Causes And Effects Of Unemployment

     Causes and Effects of Unemployment Travis Epling Strayer University ENG 105 Jeanette Trammel 9/14/14 Causes and Effects of Unemployment There are many reasons for unemployment in the United States and around the world. Some of these causes are created by the individual and others are out of their control. No matter what the cause for unemployment, it has a devastating effect on the individual, family, and economy. Unemployment defined by the Encyclopedia Britannica is the condition...

    Great Depression, Inflation, Jobless recovery 1620  Words | 9  Pages

  • Relationship Between Unemployment and Crime Rate Among Youth in Nigeria

    CHAPTER ONE 1.1 INTRODUCTION Economic growth is fundamental for sustainable development. It is not possible, for a developing country, to ameliorate the quality of life of its growing population without economic growth. The relationship between government expenditure and economic growth has continued to generate series of debate among scholars. Government performs two functions- protection (and security) and provisions of certain public goods (Abdullah, 2000) and (Al-Yousif, 2000). Protection...

    Economic growth, Economics, Government spending 1755  Words | 6  Pages

  • Unemployment

    * HOLIDAY ASSIGNMENT “Business studies” A TOOL TO SOLVE THE PROBLEMS OF YOUTH UNEMPLOYMENT IN NIGERIA. Definition of unemployment Unemployment is define as a situation in which person of working age, able and willing to work are unable to find paid employment. Which results to joblessness, an unemployment can be simple explained as a situation whereby, people who are available, capable of working and qualified by age to work but could not find job (employment). ...

    Crime, Economics, Economy 666  Words | 3  Pages

  • The Effects of Global Financial Crisis in Nigeria

    THE EFFECTS OF GLOBAL FINANCIAL CRISIS ON NIGERIA’S ECONOMY The global financial crisis began in the United States of America and the United Kingdom when the global credit market came to a standstill in July 2007 (Avgouleas, 2008). The crisis, brewing for a while, really started to show its effects in the middle of 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with...

    Bailout, Economics, Financial crises 1259  Words | 4  Pages

  • Effect of Infaltion and Unemployment on Gdp

    term paper Impact of inflation and unemployment on gdp growth : A Case of PAKISTAN By Mehreen aslam Contents Abstract --------------------------------- Introduction -------------------------------- Literature Veiw ---------------------------- Data and Methodology -------------------- OLS Methodology -------------------------- Conclusion ----------------------------------- References -------------------------------------...

    Econometrics, Economic growth, Economics 1511  Words | 6  Pages

  • Unemployment Cause and Effect

    Unemployment – Causes I am going to offer my theory as to the real cause of unemployment, for every cause there is an effect. The process of cause and effect.       It’s hard to live a normal healthy life without a job and money. There are many reasons why people are unemployed, but in turn this state of unemployment can cause one to experience financial, emotional, and personal problems.       The most common causes of unemployment are getting fired and laid off for specific reasons...

    Business cycle, Causality, Economics 708  Words | 3  Pages

  • Colonialism and Its Effect in Nigeria

    long felt even after the colonizer has left the colony. This is because the changes that take place during the course of colonization stretch far much beyond the administration take over. Here, the changes that take place with regard to the social, economic, and cultural settings of the society are the main reminders of colonization long after the colonizers have left. The influence of the colonizers with regard to the socio-cultural environment of the colony is the main scar of colonization long after...

    British Empire, Colonialism, Developed country 2098  Words | 7  Pages

  • Unemployment

    Unemployment Introduction It stands for jobless or unemployed. Unemployment consists of the labor force (working age) who have no work. Do not confuse the workforce with the inactive population. There are three types of unemployment in peripheral economies are usually four (seasonal unemployment). These types of unemployment are cyclical, structural, frictional and seasonal. Unemployment, unemployed or layoff of employees who can and want to work but cannot find a job. In societies in which most...

    Business cycle, Economics, Economy 1578  Words | 8  Pages

  • Unemployment and Economic Development in Kenya

    prepositions on how economic development has lead to reduction of unemployment rates through both private and public investment according to the Solow’s model and endogenous theories of economic development. Empirically, the studies done on development have raised mixed up conclusions as some show that economic development has lead to capitalization hence capital replacing the labour and thus further unemployment. This chapter reviews both the theoretical and empirical literature on economic development...

    Capital, Capital accumulation, Economic growth 720  Words | 3  Pages

  • Causes and Effects of Economic Growth

    “Discuss the Causes and Effects of Economic Growth” Economic Growth is where goods and services maximise in value over a period of time. This is measured by Real Gross Domestic Product (GDP) which is defined as “The total market value of all final goods and services produced in a country….equal to the total consumer, investment, and government spending, plus the value of exports minus the value of imports.”(www.Investorwords.com) In turn this is measured by the level of aggregate demand in the...

    Economics, Economy, Gross domestic product 1084  Words | 3  Pages

  • Causes and Effects of Unemployment

    Causes and 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...

    Business cycle, Economics, Economy 1111  Words | 3  Pages

  • Causes and effects of unemployment

    Cause and Effect of Unemployment How is unemployment affecting the world? The recession, the failing economy, and the government losing money are things that cause unemployment. There is a strange unwillingness by both liberal and conservative commentators whom assess blame for the loss of well-paying American jobs. The causes are not only the recession and the collapse of the housing market, but bad decisions by the government and businesses that need to be addressed. Since 2000, the United...

    Economics, Great Depression, Inflation 752  Words | 3  Pages

  • Economic Crisis: Effects on the Economy

    Running Head: ECONOMIC CRISIS: EFFECTS ON THE ECONOMY 2 Abstract The United States is obviously in a state of economic despair. This essay has supporting facts that prove the economy is definitely not on the mend. The public has been led to believe that this downward spiral is almost over. What will be proven in this paper is that foreclosure rates are still dramatically increasing and that the total in unemployment rates is deceiving. Without more jobs, consumers...

    Economics, Economy, Economy of the United States 1486  Words | 4  Pages

  • Cause Effect Of Unemployment

    and Effect of Unemployment on an Individual/Family Michelle James English Composition February 19, 2015 Job loss has a devastating impact on families and children, especially when the search for another job becomes prolonged and fruitless. Unfortunately, few public programs and coping mechanisms are available. Unemployment is one of the many factors associated with a declining economic condition within the country manifested by the recession, or the continuing decline of economic output...

    Business cycle, Economics, Employment 1444  Words | 8  Pages

  • Education Expenditure and Economic Growth in Nigeria

    capabilities demanded, are acquired. It is to a nation, what the mind is to the body, just as a deceased mind is handicapped in the co-ordination and direction of the bodily activities setbacks in the education system would act as a hindrance to economic development. Thus, the single most significant complex of social-control tools for national development is found in the educational system; be it formal or informal. (Uwadia , 2010). It is also accepted that the development of any nation depends...

    Budget, Economic system, Economics 1017  Words | 4  Pages

  • THE EFFECT OF POOR FINANCING ON THE OPERATIONS OF SMALL AND MEDIUM SCALE ENTERPRISES (SMEs) IN NIGERIA

    Background to the Study The performance and effectiveness of small and medium scale enterprises as an instrument of economic growth and development in Nigeria has long been under scrutiny. This intense scrutiny has been against the backdrop of the low performance and inefficiency that characterized small and medium scale enterprises particularly in assessing its role on economic growth and development. Despite government institutional and policies support to enhancing the capacity of small and medium...

    Economic development, Economic growth, Economics 1273  Words | 3  Pages

  • The Psychological Effects of Unemployment

    The Psychological Impact of Unemployment Jackson Lee Kok Onn B1103110 HELP University Outline I. Introduction A. Opener: B. Thesis Statement: Unemployment not only affects the country’s economic status but also leads to various psychological impacts on the unemployed group. II. People who are unemployed have a higher risk to suffer from depression. A. Depressed most of the day as indicated by subjective reports or observation B. Occurs when people lose their jobs...

    Unemployment 2461  Words | 7  Pages

  • Effects of Unemployment on Crime

    Term Project Report: The effect of unemployment of crime Table of Contents Background 3-4 Regression Analysis 5-6 Conclusion 7 References 8 Data 9 What affects do the unemployment rates have on crime level? 1. Purpose Statement The purpose of this project is to determine how the rate of criminal activity (CRIME) is affected by the rate of unemployment (UNEMP), while also considering the affects of the fluctuation of Consumer Price Index...

    Crime, Inflation, Regression analysis 1202  Words | 6  Pages

  • Nigeria

    http://peoplesdailyng.com/changing-nigerians-identity-diaspora/ http://olorisupergal.com/nigeria-rich-country-poor-people-by-gbenga-ogunbiyi/#.UpH2I9Lik8o Nigeria is a member of both the Commonwealth of Nations, and the African Union. LANGUAGE There are hundreds of languages spoken in Nigeria. The official language of Nigeria,English The languages spoken in Nigeria are said to be 521. The official language is English while the major ones that are spoken are Hausa, Igbo, Yoruba...

    Africa, Atlantic slave trade, Chimamanda Ngozi Adichie 1269  Words | 5  Pages

  • unemployment

    Unemployment Gina July 23, 2013 Economics Word Count: 2,112 Table of Contents What is unemployment?........................................................................................................................................3 The Causes and Types of Unemployment……………....................................................................................................................................3-5 Effects of Unemployment...

    Economics, Great Depression, Inflation 2167  Words | 7  Pages

  • Unemployment in Nigeria

    25, 2012 Is Nigeria’s Unemployment Problem Unsolvable? M.A. Adawo, E.B. Essien and N.U. Ekpo Department of Economics, University of Uyo, Uyo, Nigeria Abstract: Unemployment in Nigeria is alarming. Its measurement by statistical authorities does not pose red alert. It has been discovered that the observed situation of unemployment is more serious than what official statistics want us to believe. The aim of this study is to examine unacceptable unemployment rate in Nigeria. Our findings show that...

    Economic growth, Economics, Employment 5026  Words | 15  Pages

  • Unemployment in Peru: An economic concern

     Unemployment in Peru: an Economic Concern AIU Online Abstract The Peruvian unemployment rate has started to decline in the past few years. The lowered unemployment rate connects to Peru’s economy and means it is on the mend. There are several relationships between the lowered unemployment rate and the economy that will be described. The data on this occurrence has a trend that shows it will continue to decrease. This will mean the economy will continue to improve....

    Economic growth, Economics, Economy 1221  Words | 4  Pages

  • Economic and Social Costs of Unemployment

    the Effectiveness of government policy initiatives aimed at managing unemployment in Aust & Examine the Extent to which these initiatives may conflict with other macroeconomic objectives in the Australian economy. The labour force can be defined as the section of the population 15 years and above who are either working or actively seeking work. Australia’s current labour force is about 11.5million. Australia’s unemployment rate is calculated as the number of unemployed persons between 15 and...

    Business cycle, Economics, Inflation 1243  Words | 5  Pages

  • Young and Useful Engaging the Youth for a Prosperous Nigeria.

    I. ABSTRACT The future of every nation lies in its youths. But the nature of such tomorrow depends on how well their energies are harnessed. The dream of many youths for Nigeria is that in which the youths are productive and active participants in the drive for a prosperous nation. For their dreams to be achieved, they must have opportunities to develop their potentials and talents. The world is experiencing a bulge in its youth population and as a result there has been a dearth of employment...

    Economics, Great Depression, Inflation 1438  Words | 5  Pages

  • Unemployment

    of 'Unemployment'Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. | The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed persons divided by the number of people in the labor force. Reasons for Unemployment People can be unemployed for a variety of reasons. The Bureau of Labor Statistics (BLS) notes five prime reasons...

    Economics, Economy, Employment 1502  Words | 5  Pages

  • Causes and Effects of Unemployment

    11/18/2011 Suleyman Causes and Effects of Unemployment Unemployment rate is the litmus paper of a country’s economy, security and its overall production force. The more unemployment rate increases the more consumption rate decreases. Since many people are unemployed, their spending power struggles causing the economic wheel to stop rotating. High Unemployment rates indirectly induce a widespread of insecurity within the general population. Unemployment, which caused by many factors has had...

    Economy, Economy of the United States, Federal government of the United States 1129  Words | 3  Pages

  • keynesian economics

    NCUK/IFY MODULE: Economics (coursework 2) DATE GIVEN: 10th February, 2013 DATE TO BE SUBMITTED: 02nd March, 2013 TUTOR: Mr. Lawal G. and Mr. Adedeji QUESTION Keynesian solution to unemployment was higher public spending which through the multiplier process would generate income and more jobs. Explain how this solution works and are there other solutions to the problem of unemployment? INTRODUCTION The world is facing a serious problem of unemployment it has become a major...

    Business cycle, Economics, Great Depression 2284  Words | 7  Pages

  • Impact of Unemployment in Economics

    Introduction Unemployment is a huge challenge facing South Africa. There are many people who are looking for jobs but cannot find them mostly because of the slow economic growth rate in the country. South Africa faces structural unemployment where people loose their jobs due to introduction of new technology or relocation of the company, these economic disruptions have resulted in high crime rates, low production and income as well as lost human capital. The NDP has been put in place to solve the...

    Business cycle, Discouraged worker, Economics 1300  Words | 4  Pages

  • Ecuador's Economic Concerns of Unemployment and Labor

     ECUADOR AND ECONOMICS CONCERNS TABITHA MCCOY AMERICAN INTERCONTINENTAL UNIVERSITY ABSTRACT The author will select a South American Country. The South American Country selected is Ecuador. The author will discuss the Economic concerns of Unemployment and Labor. The author will also define Unemployment. The author will briefly discuss the Education as it relates to one of the Economic Concerns of Ecuador. The South American Country selected to discuss is Ecuador. This...

    Economics, Ecuador, Employment 734  Words | 3  Pages

  • Unemployment

    obligations. Failure to pay mortgage payments or to pay rent may lead tohomelessness through foreclosure or eviction.[62] Across the United States the growing ranks of people made homeless in the foreclosure crisis are generating tent cities.[63] Unemployment increases susceptibility to malnutrition, illness, mental stress, and loss of self-esteem, leading to depression. According to a study published in Social Indicator Research, even those who tend to be optimistic find it difficult to look on the...

    Adolf Hitler, Business cycle, Great Depression 922  Words | 3  Pages

  • Economic Growth in Nigeria

    Interests in the study of economic growth and development have been on the increase especially since the middle of the present century. Economic growth results in the expansion of a country’s production possibility curve such that the potential output of the country is increased beyond the previous levels. Thus growth is often defined in terms of a sustained increase in the real per capita income of a country. Simon Kuznets in (Todaro, 1885), defined a country’s economic growth as “a long term rise...

    Developed country, Development economics, Economic development 843  Words | 3  Pages

  • Unemployment in Malaysia and Its Effects on the Society

    INTRODUCTION Unemployment is the condition of willing workers lacking jobs or "gainful employment". In economics, unemployment statistics measure the condition and extent of joblessness within an economy. A key measure is the unemployment rate, which is the number of unemployed workers divided by the total civilian labor force. The unemployment rate is also used in economic studies and economic indexes such as the Conference Board’s Index of Leading Indicators. Unemployment in an economic sense has...

    Economics, Economy, Frictional unemployment 1237  Words | 6  Pages

  • Unemployment

    and clothing. Unemployment rates are on the rise and unemployment is becoming a leading issue in America after the economic recession the country has been facing in recent years. Because employment is the standard means for earning a salary to afford the basic needs to live, job cuts have serious repercussions. There are different causes of unemployment, many effects on unemployed individuals and the individual’s family, and numerous statistics that show the rise of unemployment rates as well as...

    Debt, Financial crisis, Foreclosure 914  Words | 3  Pages

  • unemployment

    Job Loss on Menthal Health When people lose their jobs, as a result of they might have a significant deterioration in mental health occurs. The term unemployment is defined and operationalized determines who is included and exclude (Gilder G 1981). May have a significantly detrimental effect in depression, anxiety and psychosomatic symptoms. The principal aim is to investigate whether a relationship exists between job loss and mental health. Mental health is more...

    Anxiety, Anxiety disorders, Great Depression 792  Words | 5  Pages

  • Economic Effects on V4 Countries

    Slovak University of Agriculture in Nitra | The effects of the economic crisis on V4 countries | | | Alina Cioată - ERASMUS | 11/29/2012 | | Macroeconomic issues in V4 countries November 2012 Nitra, Slovakia Introduction It is enough just to turn on the TV or to read a newspaper to be able to know which is one of world’s major problems nowadays. It might be call economic crisis or financial crisis or recession but all these names cover a single situation: the impossiblity...

    Central Europe, Czech Republic, Economics 2463  Words | 7  Pages

  • Effect of Boko Harams in Nigeria

    a nation-wide concern in Nigeria in recent years. Almost everyday television broadcast, shows, newspapers, magazines and internet websites run and re-run pictures of dramatic acts of violence carried out by this ferocious sect. It is often hard not to be scared when we see gruesome pictures of people killed or maimed by Boko Haram in office buildings, public buses or trains, and on the streets. The federal government seems weak in maintaining law and order in Nigeria and lacks a viable strategy...

    Development, Economics, Economy 1040  Words | 4  Pages

  • The Effects of Long-Term Unemployment on the U.S. Economy

    The Effects of Long-Term Unemployment on the U.S. Economy Unemployment is an extremely serious and scary issue due to the effect it has on our current state of economy. As a student and a future graduate, I am extremely concerned with this subject. If the job-market situation does not change for better, unemployment can represent a serious issue for all students, recent graduates, and current unemployed workers. And can have a significant effect on socioeconomic conditions and therefore, economy...

    Economics, Economy, Great Depression 934  Words | 3  Pages

  • Unemployment

    Image BUSINESS ECONOMICS-MAN0130L ASSIGNMENT 3 Deadline: 15/03/2013 1) (a) Discuss the different types of unemployment. (20 marks) Unemployment is a condition where a person is without employment but at the same time wishes to be employed. There are a number of types of unemployment, which are as follows: Frictional unemployment: Frictional unemployment is short term and occurs when someone changes jobs. This type of unemployment is arguably inevitable as a result of the...

    Central bank, Economics, Fractional-reserve banking 1116  Words | 4  Pages

  • "Graduate Unemployment in Nigeria: Causes, Effects and Remedies"

    PERSONNEL MANAGEMENT FACULTY OF BUSINESS ADMINISTRATION, UNIVERSITY OF LAGOS, LAGOS , NIGERIA. ABSTRACT This paper examines causes of unemployment in Nigeria as well as the consequences and implications of graduate unemployment in Nigeria. The paper also provides useful suggestion and recommendations on how to curb graduate in Nigeria. The paper adopts empirical analysis to examine the causes of unemployment in Nigeria. The data used in this study is of two type primary and secondary data. However, for...

    Economics, Employment, Labour economics 3889  Words | 14  Pages

  • unemployment

    Assignment 2 for TECO401 the Principle of Economics With the development of economic globalization and technology innovations, the global economic is affected by different aspects. Specially on the currency market and international exchange rate, which is depends on gross domestic product(GDP) as well as the inflation rate, interest rate, bond market, labor market, etc. Even the unemployment rate can be results on the changes of the currency market. Based on the article: US jobs data pressure...

    Canadian dollar, Currency, Economics 1499  Words | 4  Pages

  • Nigeria Inflation

    Buy Made In Nigeria Goods, Nigerians Urged This article talks about Nigeria’s youth unemployment resulting to a loss in tax revenue, a decrease GDP, a decrease in consumption expenditure, a decrease in government spending due to a change in the economic or political priorities and a decrease in the domestic output which in turn affects the Aggregate demand (AD). AD is the total quantity of goods and services that all buyers in an economy want to buy over a period of time, at different possible...

    Economics, Inflation, Keynesian economics 782  Words | 3  Pages

  • Effects of Assu Strike in Nigeria

    presents these parts of society as "organs" that work toward the proper functioning of the "body" as a whole. In the most basic terms, it simply emphasizes "the effort to impute, as rigorously as possible, to each feature, custom, or practice, its effect on the functioning of a supposedly stable, cohesive system". For Talcott Parson "structural-functionalism" came to describe a particular stage in the methodological development of Social Science, rather than a specific school of thought. The structural...

    Education, Harlan County, USA, Sociology 2707  Words | 7  Pages

  • south africa vs nigeria

    INTRODUCTION The 2008 economic crisis affected African nations in the developing world in a very similar way. Nigeria suffered a fall in oil prices , reduction in exports and a downward trend in the stock market whilst South Africa suffered the same effects but rather than crude oil they suffered in the fall of commodity prices. Policies to stimulate the economy are different in terms of trade where Nigeria is more free trade and South Africa became more protectionist after the crisis. The Nigerian...

    Free trade, Inflation, International economics 1665  Words | 5  Pages

  • Unemployment

    Unemployment affects people differently. Some face financial stress, even to the point of losing their homes. Others can be so depressed that they become emotionally and socially unstable, even to the point of committing crimes. These effects of unemployment have many causes. The main reasons for unemployment are improvement of technology, recession, and globalization. Unemployment has been increasing over the past ten years. It has more than doubled since January of 2000. According to the Bureau...

    Economics, Economy, Employment 1963  Words | 5  Pages

  • IS THE AMALGATION REALLY THE PROBLEM OF NIGERIA: A CRITICAL EXPOSE OF THE EFFECTS OF 1914 AMALGAMATION ON NIGERIA

    THE PROBLEM OF NIGERIA: A CRITICAL EXPOSE OF THE EFFECTS OF 1914 AMALGAMATION ON NIGERIA. INTRODUCTION Chinua Achebe citing an Igbo proverb in his “There was a country” tells us that a man who does not know where the rain started to beat him cannot say where he dried his body. The rain that beat Nigeria began more than a decade ago, from the resolutions of the Berlin conference of 1884/1885 to the economic–driven amalgamation of the northern and southern protectorates of Nigeria in 1914 by Lord...

    Chinua Achebe, History of Nigeria, Igbo people 1354  Words | 4  Pages

  • Economic Effects of Immigration in the Uk

    Economic Effects of Immigration in the UK Within the past ten years, immigration has tripled in the UK. The rising trend of immigration has led to a strongly negative perception towards foreigners within the British population. Economists have a more modest opinion on immigration; the economic impact of immigration seems crucial, but it would seem that it in fact only has a small effect on the domestic labor market. Furthermore, the Home Office has indirectly conceded that they have lost the...

    British Empire, Demography, Economics 1161  Words | 4  Pages

  • Effect of I.T on Accounting System in Nigeria

    Effect of I.T on Accounting System in Nigeria 1.0 Introduction Information Technologies significantly affect human as well as other animal species' ability to control and adapt to their natural environments. The human species' use of technology began with the conversion of natural resources into simple tools. Information technology (IT) has created significant benefits for various profession as well as deferent aspect of the world economy. The application of the networks system has shortened...

    Accountancy, Accountant, Bookkeeping 2153  Words | 7  Pages

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