Unemployment Employment is the prime means for people to earn money‚ allowing them to provide the basic necessities‚ such as food‚ water‚ clothing‚ and shelter for themselves as well as their family members. Since employment is so important to our society‚ the increasing rate of people loosing their jobs is becoming a serious problem. The loss of a job can cause individuals to loose important possessions‚ such as‚ their home‚ car‚ etc.. It will also affect their lifestyle‚ having to manage their
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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
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NIGERIA INTRODUCTION Hello‚ my name is Mesoma Ejeh and I’ll be talking about Nigeria. Off all the feautures of Nigeria that acronym missed a very important one.It’s my home.Probably 98% of this class knows little to nothing about Nigeria so I will cover our foods and drinks‚our people and culture‚our fashion and its impact to the world and Nigeria’s location‚season‚weather and cilmate. For Starters Nigeria is in west Africa.North of Nigeria would be Niger‚ south‚ the Atlantic Ocean and the
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Unemployment is a status in which people are without a profitable job. It has been an major issue in most societies nowadays and is a problem that most countries have been facing and are trying to address. Moreover‚ when we talk about unemployment‚ we have to consider the employer and the employee point of view. Till this date there are significant theorical debates regarding the causes‚ consequences and solutions for unemployment. This essay will focus on causes and effects of unemployment
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------------------------------------------------- Poverty in India From Wikipedia‚ the free encyclopedia Beggar in Bodhgaya India suffers from a lot of poverty‚ which means that many people there do not have enoughmoney. 27.5% of the population was living below the poverty line in 2004–2005.[1] Monthly per capita consumption expenditure is below Rs. 356.35 for rural areas and Rs. 538.60 for urban areas. 1 out of every 4 Indians earns less than $0.40 per day. 75% of the poor are in rural areas
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independence from British colonial rule in 1980 to an economic crisis that reached its climax in the years 2006-2008 and that had far-reaching effects into almost every sector of the economy and a world topping unemployment rate of over 95% according to the CIA World Factbook (2012). The unemployment rate is the proportion of the economically active population that is unemployed and actively looking for employment (Hussmanns‚ 2007). In 1990‚ Zimbabwe embarked on a program of Economic Reforms popularly
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Title: Unemployment in economics Specific purpose: To introduce the rate of unemployment through economics perspective‚ and the difference between structural unemployment and frictional unemployment. Central idea: The factor which influence whether we can find a job is not just depend on what kind of person we are‚ but also the unemployment in economics itself. Main point: 1. Main three kinds of unemployment influence the rate of unemployment. 2. The concept of classical unemployment and its
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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
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Unemployment refers to the number of people in an economy who are willing and able to work‚ but are unable to get a job. Some effects on the economy are that individuals need to satisfy their needs before their wants‚ therefore decreasing their standard of living. Businesses will have to cut prices in order to sell their products. By cutting prices this leads to sometimes negative profits. If this happens to a business constantly the business will go out of business which will lead to an increase
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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 and
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