Poverty, Inflation and Unemployment: Role of Policy Makers in Eradicate the Problem

Australia has been able to lower its unemployment rate in recent five years. The study explains the unemployment rate in Australia, reasons of unemployment, existence of youth unemployment, scenario of west and south Australian

This article is related to macroeconomic which examines how the economy functions and its performance. Unemployment as a whole is related to macroeconomics. There are many reasons as to why a person could be unemployed. He or she could be retrenched, fired or still be looking for a job. However, if

problem at hand is the rising rate of unemployment. This problem must be dealt with

In the Australian economy, trending unemployment rates are a prevailing socio-economic issue. With the labour market central to unemployment and the distribution of jobs, many factors arise as the key influences on unemployment. With an incredible number of industries facing high demand by consumers, it is speculated that employment would feature an increase to compensate. However, many factors of the labour market contradict this and instead increase unemployment. Factors such as the level of economic growth, technological changes, trends in productivity and the trends in inadequate education have adverse effects on how unemployment increases and decreases.

Unemployment is the state of not having or finding work. Unemployment is a big issue in today’s society with the joblessness rate being 199.4 million people or 6% of the entire world. Being so hard to find a job, the unemployment rate begins to rise. It is projected that the unemployment rate will add up 1 million additional people during the year of 2017.

However, life has changed, globalization and feminism have had a huge impact on the work environment all around the world. Technology has also made many jobs easier, yet very, very similar. Because of these changes, unemployment has become an issue all around the globe. The government views the unemployment situation as an individual problem.  From the government’s perspective, unemployment is due to the lack of training of the individual.  However, because

The problem of unemployment could be solved through the welfare system. Nationwide, we need to take a look at both unemployment, as well as underemployment. Underemployment plagues the U.S. and is extremely detrimental towards the overall health and well being of the economy as a whole, and for the economy of the individual.

This kind of unemployment relates to below average level of education, lack of confidence to transform from outdated skills to new fast technological skills. Such sort of people don’t want to involve in professional development trainings and keep themselves away from vocational trainings

With an unemployment rate of 5% and a population of about 326,079,646 people, there can be about 163,039,823 unemployed people in the United states. There are many things that the United States government can do to reduce Unemployment. In order to reduce the unemployment rate in the United States, the United States government could reduce the federal minimum wage to allow employers to hire more employees because of the money that they save, increase the number of long term construction jobs, and decrease the number of jobs that are outsourced to other countries.

When governments look at policies to reduce unemployment, they tend to look at the short term and then the long term. In the short term, they need to ensure there is sufficient demand and economic growth in the economy to help control cyclical unemployment. This is done by adopting

Today we face one of the top 10 world botherations “ Lack of Economic Opportunity and Unemployment.” In the United States 4.9% of the people are unemployed or are inadequacy of economic opportunities.

Unemployment has been a trend in past few years. The statistics suggests that the jobless rates are significantly higher than the opportunities at stake, and this has been the greatest downfall for the youngsters

The relationship between inflation and unemployment is a topic, which has been debated by economists for decades. It is this debate that has made the opinions about it evolve. In this essay, the controversial topic will be discussed by viewing different economists’ opinions on that according to time sequencing.

Discuss the role of government policy in reducing unemployment and inflation. In your discussion make use of the diagrammatic representation of the macroeconomy developed in lectures in Term 2

Malaysia’s Unemployment Rate since 2000 till present. Notice the peaks after an expansion and troughs after a recession. This graph also indicates the business cycle in Malaysia.