A Brief Note On Unemployment And Its Effects Essay

Unemployment is currently measured in the United States by counting those who "do not have a job, have actively looked for work in the prior four weeks, and are currently available for work" (Leonhardt). This means that a great deal of people are not counted as unemployed because they are discouraged and have not looked for work in the past four weeks. Or, the person was injured in some way and they are "not currently" available for work. This does not mean that the people in either of these groups do not actually wish to find work, but it does mean that they are not counted because of an archaic system that has been used by

The unemployment rate has gone so high that it leaves families to deal with psychological and economic effects of the impact of unemployment. Unemployment has caused many people to have to foreclose on their homes. The vast majority are hit hard in the black communities.

What really causes unemployment? Is it because of people being lazy or college kids are just getting into the real world and cannot seem to get a job. Many people struggle to find jobs to provide for their families. Jodi Beggs (2014) in her blog discuss voluntary, involuntary, frictional, and cyclical unemployment. There is always an cause and effect that tend to happen within life. Some people may be laid off which causes them to be unemployed. Unemployment leads to poverty within American because people do not have to funds to servicf.

Unemployment issues affects the community because they tend to have health problems, depression issues, stressed, low self-esteem issues, isolated from family and friends or tend to use some type of substance and abuse it, which happens to many of people and causes poverty within the community. When individuals have been laid off and terminated it’s a reality for many. Even though individuals may have the skills and education background that will qualify them for a new position some employers have filed the position with individuals that may not have met the requirements.

Once a you become unemployed, however, you become powerless, desperate for any source of an income. Once in this position, an individual is likely to take a job which is below their capabilities and for less pay.  The difference in class and standing continues to increase. Those with money have the luxury of waiting for a job that strikes their interest, not just a job to make minimum wage.  They can wait until an appropriate job comes up or they can further their education to improve their position even more. Economically, the world is entering into a new phase in which fewer workers will be needed to produce the goods and services for the global population.  For most of the modern era, people's worth has been determined by the value of their labor and skills.

“Unemployment is high (8.3% of the working population, with youth unemployment alone now at over 1 million” Unemployment doesn’t just effect an individuals financial status and social economic group. Unemployment can cause and aggravate mental health. Unemployment can lead to financial difficulties many people struggle with state benefits being their only source of income. The unemployed have constant battles to settle bills and purchase necessities with often turning to pay-day-loans and credit cards. Unemployment can lead to person belonging and housing

Unemployment refers to the numbers of people not working and can be measured by the claimant count and labour force survey. There are different types of unemployment and each of them requires different policies to overcome them.

According to the labor market data from the January 6, 2017, Current Population Survey, the current adult unemployment rate statistics in the United States by gender, age, and race, are: men (20 and over) 4.8%, women ( 20 and over) 4.7%, Whites 4.2%, Blacks 7.9% and Hispanics 5.9%. Current government programs that exist to help try to fix this growing national pandemic are, ones like the Unemployment Compensation program, which provides income support to the unemployed, through the payment of Unemployment Compensation benefits.

Unemployment arises when factors of production that are willing and able to produce goods and services are not actively engaged in production. Unemployment means that the economy isn’t meeting its goal of full employment.

The increase in unemployment not only affects individuals, their families, and communities, but unemployment also causes a loss of human capital. When citizens are laid-off they cause a loss in human capital because they don't contribute skills and experience to the workforce. Securing a job is more difficult the longer a person is out of work because they are less preferred as new workers. The unemployed experience a loss of self-esteem and dignity which reduces their motivation leading to long-term unemployment and dependence on welfare for income support. Thus, unemployment results in a decline in labor market skills because those who are tirelessly unemployed lose valued skills. Job loss reduces the production of consumer and capital goods and decrease living standards and

The top causes are increased population, rapid technological change, . The various effects of unemployment include financial and social . Unemployment has become a major problem which affects our life, health, economy and community. So countries should build more companies and factories in order to provide more opportunities and positions to respond to the need of the increased population. Moreover, there should be unemployment insurance to help unemployed individuals in their financial problems till they find a job. It is important also to utilize the vocational education along with other skills courses' in order to prompt the education and skills of the workers to meet the labour market need. It creates negative affects to unemployed as they are jobless and suffer from worse prospects to find new job and those who are employed feel less secure to keep their jobs in future. However for overall development of economy, government and individuals has to take initiative steps in increasing the productivity and improving the standard of

Millions of people are affected by poverty in the United States. Poverty is the state of not having money or the means of support to live comfortably. It results from a number of factors that include political, social, and economic dynamics. I personally believe that some causes of poverty are unemployment and low wages. As an example, the National Association of Social Workers (NASW) states that “as the country shifts from a manufacturing to a service economy, wages have been dramatically lowered for the average "nonprofessional" worker” (Poverty, n.d.). Here in the United States, minimum wage has not been raised since 2007. If it were increased in order to cover the cost of living, people who work these hourly jobs would be able to afford their housing, food, and other necessities. Education plays a roll in unemployment as well, seeing as most jobs require a certain level of education that not everyone has the opportunity to receive. I’ve seen many people not get the jobs they want because they have not gotten that college degree yet. I’ve also personally experienced trying to get a specific job, but not having the education required to get hired. Another issue with the low wages has to do with the gender pay gap. There are large differences in the salaries for men and women. In our society, many women face this pay gap of 21 cents. These are just a few of the causes of poverty that I have read into and personally believe in.

The weakness of this research was that it focused on one year before and one year after the U.S. economic recession. Hence, the recession’s impact on specific states and models of employment may not apply to specific vocational rehabilitation service areas. Additionally, the research only predicted male employment; hence consideration for females was absent from the research.

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.

There are different factors that are responsible for causing the unemployment to rise or to drop. These can be included as some of the causes of unemployment in a country. In this case I am referring to the types of unemployment, that explain some of the most important factors that lead to the unemployment in a nation. When people are unemployed and in the search of new jobs they usually look for the job that better match with them; in other words, the job that best relate with their abilities, knowledge, preparation and all skills. The same thing is done by all kind of business because employers always want the person that can do the best work. The short time it took for finding the desire occupation or the needed worker is known as Frictional Unemployment, which is one of the types of unemployment. Frictional Unemployment influence the unemployment rate to increase, but it is impossible to eliminate it because companies and firms always look for the best person to occupy a post, and on the other hand people always look for jobs where they can feel comfortable, so this factor will always be influencing the rate of unemployment. This is not bad at all because with this selective mode people and companies find what they really want and this make the efficiency to be better, so this cause more productivity which is a positive sign for the economy.