Category: Unemployment

Youth Unemployment Rates in Canadian Society The problem under investigation is the fact that the unemployment rate among people in the 18-25 age group is higher than any other age group in Canadian society. This issue proves that there is a necessity to consider some ways to make the discussed population work and improve their…

The High Unemployment Rate as a Most Serious Threat to Americans Although the United States has one of the highest economic indicators globally, thousands of Americans are unemployed across the country. Despite the official national records, an actual level of unemployment is persistently high and can be a severe threat if government officials will not…

The Long-Term Unemployment Positive Tendency For the purposes of this work, the article on long-term unemployment was chosen. It uses a number of line graphs as a part of its narrative, as a way to reinforce and explain its central point. The first graph displays long-term unemployment trends from 1900 to 2022. The X axis…

Unemployment Rates in the United States Unemployment is unevenly distributed across the U.S. population (OpenStax, 2018). For instance, with regards to race, racial minorities tend to be faced with higher unemployment rates as compared to Caucasians. On the other hand, in the past, the unemployment rates of men used to be lower than that of…

Unemployment Rates Among Young College Graduates In the context of the global economic crisis, the problem of the employment of the population becomes urgent. The unemployment rate is an economic index, one of the main indicators in the labor market. It reflects the relationship between unemployed citizens in society and those who have regular jobs.…

The Problem of the Unemployment Table of Contents Introduction Discussion Summary References Introduction Unemployment is a serious problem in the modern world since it has social and economic consequences for individuals and the country. Crises and disruptions in the states economy can lead to the fact that it will no longer be able to create…

Causes of Youth Unemployment People need a sufficient income to procure a life of full value, not to mention that self-realization is necessary for stable mental health. However, young people sometimes do not manage to find an occupation when they are at a mature age. The problem of youth unemployment has become a global socio-economic…

Reduced Unemployment in the UK Employment in the UK has shown a positive sign that many believe to be a mark of an economic turnaround. The unemployment rate has fallen considerably, and the rate of employment of women and that of youths has increased (UK unemployment falls by 125,000 to 2.34 million). Analysts believe that…

Frictional Unemployment and Hyperinflation Table of Contents Introduction Frictional unemployment Hyperinflation Conclusion References Introduction There are numerous definitions of frictional unemployment. It is essential to note that many of those definitions describe frictional unemployment and its elements. Frictional unemployment is also known as voluntary unemployment. It occurs in instances whereby the employed individuals have a…

Natural Rate of Unemployment Explain clearly how the natural rate of unemployment is determined in a wage-setting and price-setting model of the labor market In determining the natural rate of unemployment, analysts focus on evaluating price and wage settings in the labor market. In this regard, they analyze price relations within the scope of an…