Unemployment Essay

  • Unemployment

    International Journal of Business and Social Science Vol. 2 No. 16; September 2011 GRADUATES’ CHARACTERISTICS AND UNEMPLOYMENT: A STUDY AMONG MALAYSIAN GRADUATES Associate Professor Dr. Noor Azina Ismail Department of Applied Statistics Faculty of Economics and Administration University of Malaya 50603 Kuala Lumpur, Malaysia E-mail: nazina@um.edu.my, Phone: +603 79673638 Abstract The main objective of this paper is to investigate the effects of graduates’ characteristics on the chance

    Words: 5397 - Pages: 22
  • Unemployment in India

    Unemployment means under-utilization or non-utilization of available man-power. Unemployment refers to the state of being unemployed or not having a job i.e. joblessness. A person is said to be unemployed if he or she is looking for work or is willing to work at the prevailing wage but is unable to find the job. India, with a vast population of over 2 billion individuals, is facing the biggest problem of the century in the form of unemployment of worthy and productive citizens. Our country is set

    Words: 1764 - Pages: 7
  • Unemployment Essay

    transportation endure. Black Unemployment Employment for blacks continues to be out paced by unemployment rates for blacks. Over the course of the last 3 months unemployment in this minority groups has averaged (Mar 2009, 13.3, April 2009, 15.0, and May 2009, 14.9), for an average rate of 14.4 percent unemployment. Now, the questions become why unemployment is so high for this group? Could it be no jobs are available or not wanting to work. There are many factors that causes unemployment, but it has been found

    Words: 3007 - Pages: 13
  • Brazil Unemployment Rate

    Running Head: Brazil Unemployment Rate 1 Brazil Unemployment Rate Students name: AIU Brazil Unemployment Rate 2 Abstract Discussion of macroeconomics and Brazil’s unemployment rate and how it concerns its economy. Brazil Unemployment Rate 3 Brazil Unemployment Rate Macroeconomics is the study of the movement, trends, and changes in the economy over time as a whole (http://moya.bus.miami.edu/). Over the years South America has built their economy from poverty to

    Words: 1020 - Pages: 4
  • Unemployment Rate Essay

     and  who  are  still  actively  seeking  for  job,  which  excludes  those   who   have   already   given   up   finding   a   job.   The   other   value   from   the   unemployment   rate   is   the   labor   force.   Total   labor   force   comprises   people   ages   15   and   older   who   meet   the   international   labor   organization   definition

    Words: 1481 - Pages: 6
  • Unemployment Structural Unemployment Essay

    Natural Rate of Unemployment Through my ec101 learning journey I have learnt some thing about natural rate of unemployment. So I would like to take this opportunity to briefly discuss about natural rate of unemployment. Natural rate of unemployment is the unemployment rate when the economy is producing at its potential level of output (at full employment). Natural rate of unemployment is unemployment arises from job search and skill mismatch in the labor market: That is frictional and structural

    Words: 640 - Pages: 3
  • Unemployment Benefits

    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

    Words: 1244 - Pages: 5
  • Macroeconomics Essay-Unemployment

    within a year one point of extra unemployment reduces inflation by only about a half of a point in inflation. This only leads to a conclusion that something is missing from the Phillips curve, that’s why it fell apart in 1960s. The missing point from the curve was expected inflation. When bargaining over wages, we are concerned with the real value of the wage, so we and employers are willing to adjust the level of the nominal wage for any inflation expected. Unemployment, therefore, depends on the excess

    Words: 1133 - Pages: 5
  • The Downside of Unemployment Insurance Essay

    This type of unemployment is perhaps one of the most common types. We are currently going through a recession, so the number of unemployment workers will unfortunately continue to rise. There is not much the companies could do to avoid laying off any of their employees. There is one last type of unemployment and it is seasonal. This type of unemployment is perhaps the most predictable because most people know that any seasonal job is temporary. Some examples of seasonal jobs are the ones at a packing

    Words: 1885 - Pages: 8
  • Essay about Unemployment

    When the next sowing season starts he again goes back to cultivation. Therefore, it is called seasonal unemployment. (b) Disguised Unemployment or Underemployment: It is again a feature of the agrarian economies. When more people are engaged than actually required for production, it is called disguised unemployment. If a part of labour force is withdrawn from the farm the total output of the farm will remain unchanged. The withdrawn labour force will be termed as disguisedly employed. Under this

    Words: 686 - Pages: 3
  • Combating Unemployment Essay

    equilibrium wage has the same effect of union power. The major high unemployment between 80s and 90s were blamed by the conservative government in the UK (Sloman2007:422). The pervious example of unemployment was falling because the Thatcher’s government passes the legislation to curtailed union power and decided to reject of a national minimum in the late 90s in combination with the monetary policy to sustain the fall in unemployment wage (Werding2006:211). The monetary policy is about the UK government

    Words: 1596 - Pages: 7
  • Essay on Canadas Unemployment Rate

    week for a limited period of time. Unemployment insurance is financed by the combination of employer and employee contributions, of which the employer contribution (a form of payroll tax) is slightly higher. Canada currently spends 70% as much on U.I. as the United States, in spite of the fact that the total U.S. labour force is about 11 times the size of Canada's. There are two principal differences between the two U.I. systems. The first is that unemployment insurance is operated at a state level

    Words: 3167 - Pages: 13
  • Unemployment and People Essay

    in 6 months after they complete school and they may not have found a job by then. The other issue is that even if they found work, it may not pay enough to support them and pay for the loans too. Many people are asking what is causing the unemployment and underemployment to occur. Well it is from the economy taking a dive. “That's because many companies slashed workers' hours after the recession hit. If they restored all those lost hours to their existing staff, they'd add enough hours to

    Words: 2477 - Pages: 10
  • Theories of Unemployment Essay

    organization. These criteria’s explains the creation of normal unemployment or classical (Filc and Köhler, 1999). Cyclical or Keynesian unemployment- this theory occurs when there is not enough demand in the market or economy, which will in turn not generate jobs sufficient jobs to eradicate unemployment. This means less demand creates less income in the organizations, which will reduce the production and in result create huge unemployment. The title was created to explain the recurrent shifts

    Words: 1375 - Pages: 6
  • The Effects of Unemployment Essay

    indication that many of those that were unemployed have begun to take jobs for lesser earnings, and no benefits. With unemployment on a steep incline and revision of the workforce on a slow development many people are greatly affected. Unemployment not only affects those out of work, but it also affects individual family members and communities as well as society. Unemployment generates poverty; causing a negative effect on the American society as a whole. Many families suffer a shocking toll

    Words: 1842 - Pages: 8
  • Unemployment Rate of Malaysia Essay

    Because of this, the unemployment rate increased from 3.3% in 2008 to 3.7% in 2009. Nonetheless, unemployment rate of 3.7% is still considered very low compared to many other countries. Malaysia is also a developing country, so it needs a lot of labour in order to improve its economy; therefore the unemployment stays quite low (Zubir. F, 2012). Starting from the year 2010 until year 2012, with the growth in the financial condition of the country, new jobs have been created in different sectors.

    Words: 713 - Pages: 3
  • Different Types of Unemployment Essay

    qualified applicant with the vacancies, frictional unemployment can definitely be reduced (Littenberg & Tregarthen, 2009). The second type of unemployment is structural unemployment. As Sexton (2008) mentions, structural unemployment is due to structural changes in the economy that unqualified workers are laid off and qualified applicants are employed to fill in the vacant. The major difference between frictional unemployment and structural unemployment is frictionally unemployed workers have marketable

    Words: 1059 - Pages: 5
  • Essay on Unemployment Solution

    2013). This concept is not a new one, in an article titled Exploring the link between unemployment and mental health outcomes, the authors Arthur Goldsmith, PhD and Timothy Diette, PhD of the Department of Economics at Washington & Lee University stated “Psychologists (Eisenberg and Lazarsfield 1938) and sociologists (Jahoda et al. 1933) have argued as far back as the Great Depression that unemployment damages emotional health and undermines the social fabric of society. Psychologists draw a

    Words: 1179 - Pages: 5
  • Essay on Unemployment Is a Serious Social Issue

    potentially relocate to depressed areas look at the potential labor pool available for employment in their decision process. Underreporting of unemployment may keep businesses from relocating (U.S. Congress, 1986). With more people being out of work, and for longer periods time, we see an increase in financial hardships to American families. With the official unemployment rate at 9.2% and the underemployment rate hovering at 16.2% it is estimated that nearly 11 of every 100 workers permanently lost their

    Words: 2267 - Pages: 10
  • Essay about Unemployment in Developing Countries

    (http://projects.takingitglobal.org/YES-kenya/reports/?current=15 ) Poor technology has also increased unemployment in Kenya. This is because many Kenyans are not aware of the recent technologies. This makes it hard for Kenyans to adapt to the fast and dynamic changes that accompany modern technology thus unable to grab opportunities that come with technology changes. (http://indexmundi.com/kenya/unemployment_rate.html ) Insecurity is also a major problem in Kenya. Many people fear to start business

    Words: 617 - Pages: 3
  • Unemployment and the Labour Force: Their Affect on the Economy

    Full employment occurs when there is no cyclical unemployment, only structural and frictional (Mallier, and Shafto, 1989). This in its self answers the question at hand, and shows why unemployment can never be zero. There is always the existence of frictional and structural unemployment due to the nature of the world and the way business operates. This alone creates vast unemployment, without even looking at cyclical unemployment which occurs naturally due to the business cycle; which is never constant

    Words: 2401 - Pages: 10
  • Unemployment in Argentina Essay

    When the author of a source is not mentioned in the sentence, both the author and year of publication appear in parentheses (Stevens, 2008). If a work has two authors, both authors are cited in each citation to that source. For a citation of a source with two authors, use the last names of both authors separated by an ampersand (&). When no author is listed, use the title. If the title is extremely long, one may shorten it to the first 4 words of the title and place them in quotation marks.

    Words: 841 - Pages: 4
  • High Unemployment Irish Economy Essay

    unable to expand due to lack of funding, which ultimately shows there is no confidence in the Irish economy at the moment. Without out proper funding, there is no capacity for growth, when the economy grows it creates jobs, but until this happens unemployment will remain high. "The huge sums of money that have been put in by the government to support the banks, have not generated sufficient confidence yet. The money is enough objectively, but the confidence isn't there, and it's partly not there

    Words: 2409 - Pages: 10
  • Unemployment in Hungary - the Effect of the Economic Crisis Essay

    the main reasons of the unemployment after 2000. First of all because of the immigrants there was a rise in the foreign employees. They generally fulfill the same job for lower salary, than the Hungarians did so that is why the employer prefers to hire the foreigners. The line infantry and the civilian duty have also ceased, which was continuously employ more than 10 000-20 000 people. The labour market’s structure has rearranged and the so called “structured unemployment” evolved which means that

    Words: 2319 - Pages: 10
  • Graduates’ Characteristics and Unemployment: a Study Among Malaysian Graduates

    concerns about the level of graduate unemployment, the transition from higher education to work and the problems of job mismatches (Kougioumoutzaki & Kalamatianou, 2008). Although the unemployment rate in Malaysia is always low compared to the United States or European countries, there are great concerns for unemployment. This is due to the fact that currently, there is no unemployment insurance or assistance available in the country. Hence an increase in the unemployment rate may lead to an increased crime

    Words: 5411 - Pages: 22
  • Unemployment Effect on Disability Fraud in State of California

    This data will be used to demonstrate any correlation between the unemployment rate and the fraudulent disability claim investigations rate. Limitations: The results of our data will help us to see how or if the employment rate correlates to the rate of fraudulent disability claim investigations. In regards to our hypothesis, we will be able to see if the two rates are proportional or if unemployment has no effect on the fraudulent disability claim rate. However, the collected data cannot be used

    Words: 1103 - Pages: 5
  • Role of Coble Stone on Youth Unemployment Reduction in Adigrat City

    literature on unemployment in Adigrat and urban of the nation. 2.BACK GROUND OF THE STUDY Ethiopia is one of the Horn African countries with the highest rate of urbanization. Such a high growth rate of Ethiopian urban centers presents enormous challenges to the nation. One of the developmental challenges facing urban Ethiopia today is unemployment. While there is little improvement in urban unemployment reduction, the overall performance in employment creation remained less. Unemployment is total

    Words: 1701 - Pages: 7
  • Discuss the Reliability of Measuring the Unemployment by Claimant Count and Labor Force Survey

    large scale of measurement like annually report used for comparing the unemployment with other countries or offering the datas to ILO to have the data analyzed. But we can use the claimant count to measure the unemployment rate in a short period because it has no delays while delays are really serious problem for tactical decision. The reliability of the two ways are different on different measuring scales. Once the unemployment are used to make strategic decision the reliability of the labor force

    Words: 683 - Pages: 3
  • Essay about Natalie Attired Unemployment Compensation Claim.

    Lovington. 2. In Burger Time, Inc. v. New Mexico Department of Labor Review (In re Claim of Apodaca), 108 N.M. 175, 769 P.2d 88 the court held that the employee’s hair color did not significantly affect business as to warrant misconduct, employer received no customer complaints regarding color of hair; and no evidence indicated that color of hair significantly affected employer's business. NMSA 1978, § 51–1–7, subd. B. DISCUSSION Ms. Attired is not guilty of misconduct. According to the

    Words: 741 - Pages: 3
  • The Financial Crisis Affecting Young People´s Unemployment Leve

    effects and one being cut backs in both private and public sector and jobs and redundancy due to companies going into liquidation or general budget cuts. It is worthy to note that the youth unemployment is much higher than the national unemployment rate in the UK so there is an issue of why youth unemployment are affected more. Young people with low or no qualifications make up 39% of all young people unemployed and not in education (Wilson, 2013)It is evident that that there are far too many young

    Words: 2231 - Pages: 9
  • Youth Unemployment and Implication for Political Stability in Nigeria (1999-2011)

    could enhance self - employment. That is why rather than providing jobs for others, the graduate unemployed persons keep depending on the government and the non – vibrant private sector for job offers. Another crucial factor that has elicited unemployment problem overtime is the demise of the small scale and cottage industries – which operated in both formal and informal sectors. Following the introduction of the Structural Adjustment Program (SAP) in September 1986 that ushered in liberalization

    Words: 2176 - Pages: 9
  • Causes of Unemployment Essay

    | . | . | . | . | . | . | . | . | . | Total | 409,660 | 100.0 | 807,096 | 100.0 | 849,829 | 100.0 | 1,067,529 | 101.0 | 1,336,980 | 107.8 | | 2004 | 2005 | 2006 | 2007 | 2008 | Sector | Total | Percentage (%) | Total | Percentage (%) | Total | Percentage (%) | Total | Percentage (%) | Total | Percentage (%) | Maid | 285,441 | 19.4 | 320,171 | 17.6 | 310,662 | 16.6 | 314,295 | 15.4 | 293,359 | 14.2 | Manufacturing | 475,942 | 32.4 | 581,379 | 32.0 | 646,412 | 34.6 | 733,372 | 35.9 | 728

    Words: 1083 - Pages: 5
  • The Unemployment Rate Essay example

    The McGraw-Hill companies comment that" indices should be fair, meaning that an investor who buys all the stocks in an index with the index weights can achieve the same performance that the Standard & Poor's calculates" (Maureen O'Shea, Media relations). The S&P 500 dates back to 1923, when Standard and Poor introduces an index covering 233 companies. The index as it is known today, was introduce in 1957 when it was expanded to include 500 companies (Corporate Communications). The S&P 500

    Words: 701 - Pages: 3
  • Essay about Unemployment in Us

    They include Consumption expenditures, Investment expenditures, Government expenditures and Net exports. Income approach is different. It means measuring GDP to add up all the income earned by households and firms in a single year. The total expenditures on final goods and services are eventually received by households and firms in the form of wage, profit, rent, and interest income. Lastly talking about the growth rate in GDP in an economy where a positive growth rate of GDP connotes that the economy

    Words: 2456 - Pages: 10
  • Youth Unemployment in India Essay

    Objects:Memorandum Its primary object as set out in Clause 3(1) of its Memorandum of Association was to enter into agreement of April 12, 1921 Exhibit B, under which the assessed sold to the family company 498 shares in Maneckji Petit Manufacturing Company Limited for Rs. 34,86,000 at the rate of Rs. 7,000 per share in consideration of the family company allotting him 3,48,600 fully paid shares of Rs. 10 each in its capital. Declaration of ‘trust’: In April 12, 1921, Exhibit C, the assessed executed

    Words: 1806 - Pages: 8
  • Unemployment, Total (% of Total Labor Force) Essay

    |[pic] | |19 |Yemen |35 |[pic] | |20 |Afghanistan |35 |[pic] | |21 |Macedonia |31.4 |[pic] | |22 |Mali |30 |[pic] | |23 |Libya

    Words: 1045 - Pages: 5
  • Discuss the Limitations of Australia’s Economic Growth and Its Effects on Unemployment

    A key limit on Australia’s trend growth is its ageing population. Between 1901 and 2009, the proportion of people aged 65 and over has grown from 4 to 13%, and is forecasted to reach nearly 25% by 2050. As the population ages, and Baby boomers increasingly leave the workforce, Australia’s participation rate currently at 65% will fall – down 0.3 percentage points from 2010. A higher aged dependency ratio would then result. On the demand side, economic growth would be dampened through weaker consumption

    Words: 1308 - Pages: 6
  • Inflation, Unemployment and Poverty: Still Major Problems of Pakistan

    Shortages are then created and merchants lose business. In the end, the price level rises. Another common reason of inflation is a rise in production costs, which leads to an increase in the price of the final product. For example, if raw materials increase in price, this leads to the cost of production increasing, this in turn leads to the company increasing prices to maintain their profits. Inflation can also be caused by federal taxes put on consumer products. As the taxes rise, suppliers often

    Words: 2584 - Pages: 11
  • Economics Essay

    affected by unemployment. The hope is that as we learn more about it, we can make the steps necessary to avoid being part of it in the future. There are many conditions that play pivotal roles that influence the rate of unemployment. Such factors include wages, labor, demand, consumption and technology. In the next section, I will briefly explain what unemployment is and the different “types” of unemployment generally seen in the economy. Section three discusses types of unemployment seen through

    Words: 2841 - Pages: 12
  • Macro and Micro Estimate Essay

    Changes in unemployment depend on: inflows made up of non-employed people starting to look for jobs and of employed people who lose their jobs and look for new ones; and outflows of people who find new employment and of people who stop looking for employment. When looking at the overall macroeconomy, several types of unemployment have been identified, including: Frictional unemployment — This reflects the fact that it takes time for people to find and settle into new jobs. If 12 individuals

    Words: 736 - Pages: 3
  • Phillips Curve Essay

    inflation will reduce unemployment, resulting to a trade-off between inflation and unemployment. In addition Pettinger (2011) says “If an economy experienced inflation, then the Central Bank raises interest rates. Higher interest rates will reduce consumer spending and investment leading to lower aggregate demand. This fall in aggregate demand will lead to lower inflation. However, if there is a decline in Real GDP, firms will employ fewer workers leading to a rise in unemployment.” Furthermore Hoover

    Words: 1191 - Pages: 5
  • No More Jobs Essay

    most cases due to unemployment homes are foreclosed or abandoned, and neighborhoods deteriorate as a result. With this being said, the government is forced to turn most neighborhoods into section 8 highlights, which house low class people. On a social level, unemployment also can cause vast dependence on government assistance and financial aid. On a larger scale, this increases the economic stress load on social programs let alone on taxpayers. Furthermore, unemployment can possibly cause

    Words: 857 - Pages: 4
  • Essay on U.S. Economy vs. South Korean Economy

    when being compared to the U.S. Particularly when you consider, their unemployment rate is much lower than the U.S. After a little research I decide that if the Korean unemployment number above does not consider structural unemployment in a manner similar to the U.S. it is consistent with the methodology by which we measure structural unemployment, I believe the above rate of 3% is pretty close to their structural unemployment rate. I believe this because I have done a comparison of the past 13

    Words: 1930 - Pages: 8
  • Essay on How External Forces Effect the Australian Economy

    So during an expansion when the unemployment rate is low, the inflation rate would be high. And during a contraction when the unemployment rate is high, the inflation rate would be low. The Australian Economy seems to be currently in a sound position. It has been rapidly increasing over the past couple of years and performing strongly against other major global economies. The RGDP growth is increasing at a steady rate indicating a strong return on the goods and services produced. With larger

    Words: 650 - Pages: 3
  • Gm545 Business Economics-Project Paper 2

    For this reason, frictional unemployment is not generally considered a problem, but more a permanent, long-term phenomenon. One major concern for the level of frictional unemployment is the government benefits provided to those individuals actively searching for a new job. While they did have a job and are seeking new employment they may or may not receive government stipends to cover living expenses. Depending on the level of support and the length of time provided to the person for such a program

    Words: 1565 - Pages: 7
  • The Economy of Brazil

    Table of Contents Introduction 3 Gross Domestic Product (PPP) 4 Inflation 5 Unemployment Rate 6 Correlation of Inflation and Unemployment 7 Correlation of Unemployment and Gross Domestic Product 7 Correlation of Inflation and Gross Domestic Product 7 Conclusion 8 Appendix 1 8 Appendix 2 9 Appendix 4 10 Appendix 5 10 Appendix 6 11   Introduction Brazil is a country of fast growth and development over the years, it is the sixth country with the highest nominal GDP which considered

    Words: 3531 - Pages: 14
  • Education Essay

    I hypothesize that the variation in unemployment rates among states is in response to the minimum wage of those states. States with minimum wage legislation that set the minimum wage higher than the federal minimum wage of $5.15 per hour will have a higher unemployment rate than states whose minimum wage legislation is the same as the federal minimum wage of $5.15 per hour. Simply stated, as minimum wage increases, unemployment rates will also increase. I also hypothesize that states with lower education

    Words: 7730 - Pages: 31
  • Economic Critique Essays

    The incomes of consumers are basic on the economy, when the unemployment rates are high more consumer get into debt. Consumers out of work are less likely to buy a home. Unemployment makes it hard to buy things that people need in everyday life, such as gas for cars and food to eat. When the government pays out high unemployment benefits the consumer level of income decreases. As the government reviews the income of the consumer, it looks at spending, saving, and debt the consumer has. In developing

    Words: 1392 - Pages: 6
  • Macroeconomics Problem Set 1 Essay

    age 16 and over | 15,000 | Labor force | 7,300 | Not currently working | 4,500 | Employed Full-time | 5,000 | Employed Part-time | 1,100 | Unemployed. | 1,200 | | | A. Labor force participation rate= 48.67% B. Unemployment rate= 16.44% C. Emploment/Population ratio= 40.67% 4. Consider an economy with the following aggregate demand (AD) and short-run aggregate supply (SRAS) schedules. Decision-makers have previously made decisions anticipating that the price

    Words: 626 - Pages: 3
  • Effects of Minimum Wage Increases Essay examples

    usually it was during a time of a healthy economic growth rate and low unemployment (CNN). When the rate rose in 1990 the unemployment rate was 5.4 percent. When it rose again in 1996 the unemployment rate was at 5.1 percent. Unemployment was only at 4.4 percent during the raise in 2007 (CNN). Today the national unemployment rate is 5.8 percent, which is the lowest it has been since the 2008 economic recession. The highest unemployment rate since the recession was 10.0 percent in October of 2009 (BLS)

    Words: 2146 - Pages: 9

All Unemployment Essays:

Popular Topics: