The Effects Of High Unemployment On Namibia

The unemployment rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. Unemployment is termed as a major health of the economy and every country tries to reduce unemployment rate for sustainable growth. It is referred as the number of unemployed workers divided by the total civilian labour force. Every economy tries to ensure full employment in the country but there is the existence of natural rate of unemployment though nation tries hard to obtain full employment in the country.

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

In regards to employment, women today can do paid work, but their work is usually menial, badly paid and lacking in status (Krieken et al, 2000). Kate Millet (1970) saw women as a reserve labour force who are made use of when they are needed (for example in war time) but are discarded when not required (Krieken et al,

The lives of women today have changed significantly because there are more women now who are educated than ever before. In addition, there is a larger number of female involvement in the job market that have forged ahead in the workforce. The rate of transformation is increasing at an accelerated pace with Western and Third World nations enacting measures to counteract these issues. However, although there have been developments, there are still gender gap issues that limit the progress of females in the workforce. Therefore, the purpose of this essay is to examine gender differences in nations involved with the Organization for Economic Cooperation and Development in both Canada and the economic south and how these issues impact the progress of employment and learning opportunities for women.

Unemployment occurs in many forms and it has been a crucial problem countryside and whole over the world. These have become an issue to majority of Tanzanian and many people around the globe, the situation has forced various countries to either formulate or adopt some policies to rectify the issue. The magnitude of the issue has practically depicted in the research conducted in 2012 by African Economic Outlook in Tanzania, the study which aimed at assessing various programs and policies in various sectors and their contribution to Gross Domestic Product, in improving economy, and unemployment reduction.

The problem of unemployment has been a significant one in Australia. Unemployment is a major cost to an economy not only in terms of opportunity cost of lost production but also in terms of major long term social costs including increased inequality, poverty and crime. Unemployment statistics reflect the total available labour force divided by the number of people recognised as being unemployed and are actively seeking work within a percentage.

In contemporary times, it is essential to provide the basic necessities in life like food, shelter, clothing and education. One must strive to seek for a job and have salary in order to have those needs. However, not all people are employed. They cannot enjoy the perks of having a job and some only depend on government subsidies to survive. Unemployment rate has begun to rise and finding a job has become harder. In Australia, the rate of unemployment. Australia's estimated seasonally adjusted unemployment rate for August 2015 was 6.2 per cent, a decrease of 0.1 percentage points. In trend terms, the unemployment rate was unchanged at 6.2 per cent. (ABS, Labour Force, Australia, 2015) The purpose of this document is to analyse the unemployment

In many developing countries globalization has brought masses of wealth to the elite at the expense of the poor. Consequently, many women of the poorer classes leave their homeland in search of opportunities for employment. These women are disproportionately affected by

The paper states, “Whether it is woman’s or man’s job that is lost in a crisis, women make more efforts to find ways to compensate for the loss of family income, often working in informal sector, and at times under difficult conditions.” This shows that women make more effort to provide for their family when their job is lost. Between 2008 and 2011, at least twenty million jobs were lost. There was another five million at risk at that time. About ten of the twenty million job losses happened in emerging or developed countries (Nandal, 2011). In 2009, the global unemployment rate for women could reach up to 7.4 percent while it is up to 7 percent for men. Globally, South Asia and Sub- Saharan Africa have two of the largest concentration of the poor. In South Asia, as of 2015, about fifteen percent of its population lives on less than a dollar a day. Around thirteen and a half percent of Sub-Saharan Africa's population also lives on less than a dollar a day (Kehler, 2001). Africa, especially South Africa, is struggling to overcome the burden of class, race and gender inequality. The reality of women is still determined by these factors to assess resources and different opportunities. In just South Africa alone the unemployment rate increased about 3.2 percent in three years. Of that 3.2 percent, fifty six percent were women while forty four percent were men. Women who are extremely

Unemployment is a problem faced by all nations only that it varies in degree (Teichova & Matis, 2003). Reduction in its levels promotes economic growth and development in any country. There are various types of unemployment which include voluntary unemployment, involuntary unemployment, frictional unemployment, cyclical unemployment, structural unemployment and seasonal unemployment. Voluntary unemployment is where workers willingly leave the jobs they are holding and go to look for better ones. Involuntary unemployment on the other hand is where workers are fired or laid off from their jobs and need to find new ones. Frictional unemployment is where workers take some time before they can secure a job after leaving a certain job. This is a type of unemployment faced by many people since they leave jobs without having already secured new ones. Cyclic unemployment is the type of unemployment that is dependent on economic cycles of recession and boom (Cogley & Sargent 2005). As the economy enters into recession, some companies respond by cutting on the level of production hence laying off workers since they are not in full production. Cyclic unemployment naturally ends during boom. Structural unemployment on the other hand is the type of unemployment where some labor markets have more workers than the total jobs available (Jena, Kandalam & Sun, 2009). Also, it can occur where the

THE GLOBAL ECONOMY has created a flexible labour market and the myth of ‘feminization of work’, in reality; it has led to unemployment and underemployment of women in India. One study puts female unemployment at six to seven times that of men. In the rural areas, 30 lakh women have lost jobs in agriculture and livestock. Women have lost 1, 45,000 jobs in the textiles sector during 1994-2000. Female underemployment is also increasing at a faster rate than for men. This article will concentrate on some aspects of women workers outside of the agriculture sector.

The economy of Namibia is linked to the economy of South Africa. This means that the Namibian economy is highly sensitive and exposed to fluctuation of inflation and interest rates in the South African Market. Two main factors that currently have a direct impact on inflation and interest rates on the South African economy, is the monetary value of the South African Rand against the US dollar as well as the acceleration/increase in the price of crude oil price by 23 percent in New York this year, reaching a record price of $118.05 a barrel.

Beyond the size of labor force, the structure of SA’s labor supply will be adversely impacted due to Aids related mortality. HIV/AIDS disproportionately affects the age group 15- 49. This age

Money is an important component that can help ones to function properly in this society. However, money defines our self-worth and value in this society. For decades, unemployment has become a big issue in our community. The younger generation are the one who suffers the most from the crisis. In 2009 alone, 6.7 million youths joined the ranks of the unemployed, and compare this with an average annual increase of 191,000 in the 10 years before the crisis 1997 to 2007(Elder,2010). Youth unemployment is a crucial issue in our society. Unfortunately, a lot of young people are going through that situation. When it comes to find a job, young people are the less fortunate for many reasons. For instance, some employers might be biased on ages and believes that young people do not have skills or enough experiences to perform at the level required for the jobs. The problem of youth unemployment has many causes and consequences in our society. Youth unemployment can affect the economy, family relationship, increase crime rates and, mental health.

Baserup (1970) suggested that women needed to reduce the work loads they had so that they take part in education, projects which will also extend their power in the economy. In addition, Baserup pointed out that women have to receive credit facilities for greater economic projects. For example, Baserup echoed the mechanization of “female farming’ in African women farmers and revolutionarize traditional forms of agriculture for productive efficiency extracted from Schech and Haggis (2000). Rogers (1980) also suggested for a complete overhand of male attitudes against women. Rogers explicitly challenged this in her survey of the FAO institutional arrangement. She concluded that no women were found in field officers in technical division. Rogers (1980) therefore, concluded that women were not only excluded from planning and decision making but were being ignored and overlooked. Furthermore, households were assumed to be male headed which also generalized women as housewives (Rogers 1980:66 in Schech and Haggis, 2000). This shows that women’s work was regarded as non- work due to male bias. However, the WID approach agitated for equity, empowerment, efficiency and equal participation of women in existing structures.