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
that AGI can assist us in completing a task more efficiently. However, since AGI can achieve any task undertaken by a human, it can effectively replace us in jobs. Additionally, AGI can be exploited and programmed by human beings with malicious intent to accomplish destructive tasks. Most importantly, as AGI can act comparable to a human being, it can achieve its goals by unethical means. Therefore, with all these risks involved, AGI should not be created. While AGI may assist us in performing tasks
existence. The grim reality is that this bigotry is affecting all aspects of society including health, the economy, housing, unemployment rate and social unity. We must act, in order to decrease the levels of racially motivated abuse seen in today’s society. This problem is slowly dividing our society To eradicate this issue, Australia must first accept that it has a serious problem .something that the majority of Australians with a European background have refused to do. Ever since white man
Introduction The article highlights macroeconomic factors that affect an economy. Microeconomic factors like Gross Domestic Product(GDP), Monetary policy, Fiscal Policy, Interest rate, Inflation, Deflation, Unemployment, economic growth etc. Many people accept inflation as a fact of life but sometimes under some economic circumstances opposite situation take place, which we call” Deflation”. It is also known as Negative Inflation Rate (when inflation rate decreased below 0%). Moreover, deflation
lifestyle. There are many thought causes of homelessness. For example, Addictions, Mental illness, abusive relationships, and unemployment. Addictions and unemployment are the main two causes to this issue. Substance abuse is often a cause of homelessness. Addictions can unsettle relationships with family and friends and often lead to people losing their jobs. For people already having a hard time to keep up with bills, a starting or obsession with an addiction can cause them to lose many things including
general slowdown in economic activity, a downturn in the business cycle, a reduction in the amount of goods and services produced and sold. All of these listed here, are characteristics of a recession. A recession has a domino effect, where increased unemployment leads to less growth and a drop in consumer spending, directly affecting businesses, which lay off workers due to losses. A recession occurs when there are continuous (two or more) quarters of negative gross domestic product growth (GDP). In plain
Introduction The crime rate is the result of problems in public safety. As one of the most important public good, safety has generates positive externalities that helps urban development. However, due to the fact tighter police protection budgets yield the local law enforcement to maintain or improve the efficiency of policing with fewer hands and resources. Will an increase in justice expenses bring us a safer local environment? Can the crime problem be improved by increase justice expenses? Our
legitimacy. However, the growth and unemployment challenge facing South Africa is significant one. Investment rates are currently low, furthermore the legacy of apartheid is evident in the persistent distortions in all factor markets: for labour, as evident in the scale and persistence of unemployment and inadequate investment in human capital; for capital, in the low savings/investment rates (Lewis, 2012). The current challenge that the country faces relates to the problem areas of growth, jobs, and poverty
aggregate economies or economic systems instead of the behavior of individuals, individual firms, or markets.” Macroeconomics focuses on areas such as, unemployment, the gross national product, inflation or deflation, and covers the role of monetary and fiscal policies and the determination of consumption and investment levels. It seems that people in the US are on the fence about whether things are better or worse than the market crash in 2008. A publication called people-press.org wrote an article that
globalises via legitimate causes whilst others are just followers. This gives the reason why some companies become leaders in the global economy with others becoming bankrupt. In fact, there are many other advantages that are enjoyed when a company goes global, such as increase in efficiency, increase in foreign direct investment and increase in national income. However, there are certain disadvantages associated with it such as unemployment and exploit on developing