education. The overall unemployment rate is not exceptional in an international perspective. The interesting thing about Malaysia is that there exists a structural unemployment among the educated youth‚ which in spite of their relatively high level of education wait for a long time before entering the work force. Unemployment occurs when a person is able and willing to work but currently is without work. The prevalence of unemployment is usually measured using the unemployment rate‚ which is defined
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Privity essay Privity of Contract is the relation that exists between contracting parties . Privity of contract applies mainly to HYPERLINK "http /www .wordiq .com /definition /Contract_of_sale " \o "Contract of sale " contracts of sale of goods or services and is restricted to the parties to a contract . Thus ‚ a third party is precluded from initiating legal action against the parties to the contract for entitlement in excess of its benefits as provided in the contract . Moreover ‚ a third party
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agriculture (19.8 percent)‚ according to 1998 estimates in the 2000 CIA World Factbook . Greece ’s total labor force numbered 4.32 million in 1999‚ when unemployment was estimated at 9.9 percent. Generally‚ more men work in the industry sector while women dominate the service and agriculture industries. Greek women tend to have higher unemployment rates than men and are on average paid less. For additional income many Greeks work in seasonal or nonpermanent agricultural or service industry positions
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Structural Unemployment The unemployment has being a big issue for United States since the big recession started in 2008. According to the United States Department of labor the unemployment rate is 8.2 percent for may 2012‚ in others words‚ around 14.000 million of people in USA are unemployed; however‚ and spite of the great necessity of unemployment people for finding a job there are approximately 3.500 million of open jobs that cannot be fill because of the mismatch of labor force’s skills and
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Effects of Unemployment 2011 4/28/2011 High Crime Rate Linked to Low Wages and Unemployment Recent studies show that low wages and unemployment tend to make less educated people commit crimes. The study was done on data between 1979 and 1997‚ when comparing unemployment and crime rate we found much of the increase in crime happened during the time of falling wages and rising unemployment among men without college educations. While the government focuses on crime
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Title: Unemployment Benefits Only Good for a Limited Amount of Time Specific Purpose: To persuade my audience that extending unemployment benefits strains an already overused and failing government program. Central Idea: Today‚ I would like to tell you about the problem of extending unemployment benefits‚ as well as offer some possible solutions that our lawmakers should adopt instead of another extension. Introduction Millions of Americans have lost their jobs and have joined the growing
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The Great Recession has impacted on households‚ businesses and government departments with unequal force. Some sectors have been severely adversely affected while others have escaped relatively lightly. What are the main economic problems arising from these differing experiences? Explain carefully your arguments. The Great recession‚ which started in Britain in the second quarter of 2008‚ has affected national and sub-national economies in different measures‚ causing a great unevenness in the
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Theories of Unemployment: The article that I took was from the Irish Independent which was printed on the Wednesday 2nd February 2011. 5‚700 more jobless signing on The number of people signing on for benefits increased by more than 5‚700 in the last 12 months‚ official figures revealed today. There were 442‚677 people on the dole in January‚ taking the unemployment rate to 13.4pc - a slight fall on the previous month. Separate figures compiled by the Government revealed there were 4‚893 redundancies
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happens when the economy takes a turn like it has in the past few years? Current research has shown that 75 percent of women will not marry someone who was unemployed. Having a job is an important factor when meeting a future spouse! (Gannon) Unemployment can cause a couple to feel overwhelmed‚ powerless and frightened. Even if you have a job research has shown that even the profession you choose and the length of your commute can have a positive or negative impact on your relationship. It was
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Recession hits local retail industry hard http://www-rohan.sdsu.edu/~gopez/story1.html San Diego County retail sales Home | Overview | The Data | Final Project | Story Highlights San Diego retail trade sales decreased 7.5 percent in 2008 when adjusted for inflation. Small and large retail businesses have made cuts to decrease losses. Economist says sales will remain stagnant in the near future because of debt‚ the collapse of the housing market and high unemployment Recession hits local
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