Unemployment : A Social And An Economic Threat

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

A condition that has existed since the beginning of commercialization, unemployment has been in our history since its monumental recognition in 1929. The Great Depression is really when unemployment became a real issue and its highest peaks where between 1932 and early 1933 when the average rate of unemployment was 24.9%. Fast forward almost 80 years and unemployment is still a political issue whose rate has experienced a roller-coaster ride of highs and lows. Unemployment has many forms, but it is technological unemployment, that is a crisis which if declined will lead to an excellent and a benevolent rise to our nation’s economy.

One of the scariest word for many individuals among the United States can be unemployment. Many families across America have had to deal with the hard blow that can come with losing a job, or not being able to find a job. Unemployment will always be around to snatch the job from any unwilling victim. While unemployment may seem like a broad term, there are actually four categories, or types, of unemployment. These four types are structural, cyclical, frictional, and seasonal.

Unemployment is one of the largest problems within the welfare system. Since unemployment is one of the country’s biggest concerns there should be a system to support those affected by it. One of the problems is that many applying for unemployment are unskilled. This can be fixed by providing job training. Another one of the problems with unemployment is created by the requirements that must be met in order to receive and retain benefits. A solution to this is to change the constraints associated with unemployment benefits. The biggest issue is that those living off unemployment can not afford all their necessary expenses even after they have been re-employed. One fix for this is to create a tiered system of benefits. Therefore, solutions

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

There are several types of unemployment such as frictional, structural, demand-deficient, seasonal, technological, real-wage and the non-accelerating rate of unemployment. The UK economy experiences

Unemployment is a serious and overwhelming problem in the United States that has existed since the economy of this nation began. The clear definition of unemployment is the condition of being out of work or actively looking for a job. Currently, many people around this great country are out of work, where the unemployment increased. Unemployment can be caused naturally or unintentionally by various factors, such as inadequacy of skills needed for the job or getting laid off. In turn, the causes of unemployment will obviously result in a variety of effects which can be psychological and economical that can be positive or negative for society and the economy. From this, the effects that occur when unemployment transpires can result in advantages

“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

America, the country called home. Known as one of the most powerful and advanced countries in the world. Is full of many major problems. That could be destroying the economy and the people that live here. With people resorting to being on the streets selling and doing drugs causes a big problem. Not only drugs and the economy being a problem, but also people getting things that they don’t deserve or worked for. If America stays on the same path it is right now the future could be heading for the worse.

Unemployment is seriously a big problem, because it threatens the unemployment people’s psychological and metal health. It can cause depression, anxiety, demoralization and low self-esteem, which all influence their health. However, the unemployment does not just affect the health, it is also influential to the human lives. When the rate of the unemployment

Many people believe that their job defines their place in society and that productive, con-tinuous work is one of the elements needed for a happy life. Therefore, when a person becomes unemployed, he/she may lose hope, disrupt relationships, become depressed or sick, and even su-icidal. “Long term unemployment can often be financially, emotionally, and psychologically de-structive” (Krulick). In order to maintain a place in society, a person must be able to pay bills, support a family, and contribute to the community. Unemployment in the United States is a ma-jor social problem; better plans should be started by the government to help reduce the

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.

Unfortunately, with unemployment, this also creates an emotional aspect that also needs to be considered when creating the questions. Unemployment damages self-concept and self-esteem which lowers people’s motivation to seek work, which further damages their self-concept and lowers motivation to seek work with time (Redek, Susjan, & Kostevc, 2013). Therefore, by asking these various questions, the answers will give the researcher the opportunity to find out what is missing and why the respondents are unemployed. The responses could be such factors as the respondents needing additional job training or they need to work on their job expectations.

Sociologists study human society. Their subject matter includes human behaviour in various social contexts, social interaction, social institutions and organisation, social change and development (Haralmbos, Van Krieken, Smith & Holborn 1999). For this reason, unemployment is an issue which sociologists delve. Unemployment has far reaching affects in all areas of society. Stratification in the areas of age, race, class, gender, ethnicity, sex and disability is rife amongst the employed and unemployed alike, unemployment creates further segregation amongst these already stratified people. This essay will look at unemployment from the functional and conflict theory

According to one article, “Structural unemployment occurs when certain industries decline because of long term changes in market conditions” ("Unemployment types", 2017). More specifically, as Amadeo states, structural unemployment occurs when “Factories move to cheaper locations” (2017) and more efficient options (such as newer technologies, more skilled employees, etc.) are undertaken. Moving on to the minor types, surplus, being the first, is “caused by minimum wage laws, unions and wage/price controls. When wages are set at a high level, unemployment often results” (Amadeo, 2017). The second minor type is demand deficient unemployment. When there is less demand for a particular product, “firms sell less and so reduce production. If they are producing less, this leads to lower demand for workers” (Pettinger, “Demand Deficient Unemployment”, 2017). Therefore, as the name implies, this is caused by an unmet demand when compared to the people in that specific line of work. The third minor, but also major, type is full employment, which is known to be “devoid of cyclical or deficient-demand unemployment” ("Full Employment", 2017), according to one source, and is not simply, as the name suggests, where everyone has a job. In addition, “full employment means that unemployment has fallen to the lowest possible level without provoking inflation” (Palmer, 2016). Regional unemployment is the fourth minor type, being impacted by structural unemployment and,