unemployment in our country essay

Unemployment Essay for Students and Children

500+ words essay on unemployment.

Unemployment is a very serious issue not only in India but in the whole world. There are hundreds and thousands of people out there who do not have employment . Besides, the problems of unemployment are very severe in India because of the growing population and demand for jobs. Moreover, if we neglect this problem then it will be going to become the reason for the doom of the nation.

What is Unemployment?

Unemployment refers to a situation in which a skilled and talented people wanted to do a job. But cannot find a proper job due to several reasons.

Types of Unemployment

Now we know what is unemployment but unemployment does not only mean that the person does not have a job. Likewise, unemployment also includes people working in areas out of their expertise.

The various types of unemployment include disguised unemployment, seasonal unemployment, open unemployment, technological unemployment, structural unemployment. Besides, some other unemployment is cyclic unemployment, educated unemployment, underemployment, frictional unemployment, chronic unemployment, and casual unemployment.

Above all, seasonal unemployment, under unemployment, and disguised unemployment are the most common unemployment that is found in India.

Reasons for Unemployment

In a country like India, there is much reason for a large section of the population for being unemployed. Some of these factors are population growth, slow economic growth , seasonal occupation, slow growth of the economic sector, and fall in the cottage industry.

Moreover, these are the major reason for unemployment in India. Also, the situation has become so drastic that highly educated people are ready to do the job of a sweeper. Besides, the government is not doing his work seriously.

Apart from all these, a large portion of the population is engaged in the agricultural sector and the sector only provides employment in harvest or plantation time.

In addition, the biggest reason of unemployment in India is its vast population which demands a large number of jobs every year which the government and authorities are unable to provide.

Consequences of Unemployment

If things will go on like the current scenario then unemployment will become a major issue. Apart from this, the following things happen in an economy which is an increase in poverty, an increase in crime rate, exploitation of labor, political instability, mental health, and loss of skills. As a result, all this will eventually lead to the demise of the nation.

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Initiative by Government

The government has taken the problem very seriously and have taken measures to slowly reduce unemployment. Some of these schemes includes IRDP (Integrated Rural Development Programme), DPAP (Drought Prone Area Programme), Jawahar Rozgar Yojana, Employment Assurance Scheme, NRY (Nehru Rozgar Yojana), Training for self-Employment, PMIUPEP (Prime Minister’s Integrated Urban Poverty Eradication Program), employment exchange, Employment Guarantee Scheme, development of organized sector, small and cottage industries, employment in forging countries, and Jawahar Gram Samridhi Yojana and few more.

Besides, these schemes the government also make some rules flexible, so that employment can be created in the private sector also.

To conclude, we can say that the problem of unemployment in India has reached a critical stage. But, now the government and local authorities have taken the problem seriously and working on it to reduce unemployment. Also, to completely solve the issue of unemployment we have to tackle the main issue of unemployment that is the vast population of India.

FAQs about Unemployment

Q.1 Why there is a problem of unemployment in India? A.1 Due to overpopulation and lack of proper skills there is a problem of unemployment in India.

Q.2 Define Disguised unemployment? A.2 Disguised unemployment refers to a form of employment in which more than the required numbers of people work in industry or factory. And removing some employee will not affect productivity.

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Unemployment Essay

500+ words essay on unemployment.

Unemployment is a serious problem among young people. There are thousands of people who do not have any work to do and cannot find work for themselves. Unemployment refers to the situation where a person wants to work but cannot find employment in the labour market. One of the major reasons that contribute to unemployment is the large population of India and the limited availability of resources. In this essay on unemployment, we will discuss all these issues responsible for unemployment in India and how we can overcome this problem. Students must go through this unemployment essay to get ideas on how to write an effective essay on the topic related to unemployment. Also, they can practice more CBSE essays on different topics to boost their writing skills.

Unemployment is measured by the unemployment rate, defined as the number of people actively looking for a job as a percentage of the labour force. The unemployment rate for the year 2013-14 in rural India was 4.7%, whereas it was 5.5% for urban India. In the short term, unemployment significantly reduces a person’s income and, in the long term, it reduces their ability to save for retirement and other goals. Unemployment is a loss of valuable productive resources to the economy. The impact of job loss in rural and regional areas flows through the local community, damaging businesses.

Reason for Unemployment

An unemployed person is one who is an active member of the labour force and is seeking work but is unable to find any work for himself. There are multiple reasons behind the unemployment of a person. One of them is the slow economic growth, due to which jobs in adequate numbers are not created. Excessive dependence on agriculture and slow growth of non-farm activities also limit employment generation. Unemployment in urban areas is mainly the result of substantial rural migration to urban areas. This has also resulted in a labour workforce in cities. The lack of technology and proper machinery has also contributed to unemployment.

The present educational system is based on theoretical knowledge instead of practical work. Thus, it lacks the development of aptitude and technical qualifications required for various types of work among job seekers. This has created a mismatch between the need and availability of relevant skills and training. This results in unemployment, especially among the youth and educated people with high degrees and qualifications. Apart from it, the lack of investment and infrastructure has led to inadequate employment opportunities in different sectors.

Steps to Eliminate Unemployment

Various strategies and proposals have been implemented to generate employment. Many Employment programmes and policies have been introduced and undertaken to boost self-employment and help unemployed people engage in public works. The Government of India has taken several policy measures to fight the problem of unemployment. Some of the measures are the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), National Skill Development Mission, Swarna Jayanti Shahari Rozgar Yojana (SJSRY), Regional Rural Banks (RRBs).

Despite the measures taken by the government, India remains a country experiencing severe unemployment problems. It can be resolved by imparting education in such a way that youth get the necessary skills so as to get employment easily. Setting up various vocational training and vocational courses for undergraduate and postgraduate students will help in finding employment for youth. The government needs to emphasise these courses at the primary level and make them a compulsory part of the curriculum to make students proficient in their early stages of life. Career counselling should be provided within schools and colleges so that students can choose a better career option based on their interests and ability. Government should create more job opportunities for the youth and graduates.

India is a fast-growing economy. There is an enormous scope for improvement in the unemployment sector. The various measures and steps taken by the government to increase the employment rate have succeeded to a great extent. The widespread skill development programmes have gained popularity across the nation. With better enforcement of the strategies, the employment level can be significantly improved. Although, we have to go a long way before we can say that all the people in India will get employment.

We hope this essay on unemployment must have helped students in boosting their essay-writing skills. Keep learning and visiting the BYJU’S website for more study material.

Frequently Asked Questions on Unemployment Essay

Is unemployment still an existing problem in india.

Yes, unemployment is still a serious issue in our country. Steps need to be taken by the government and also by the youngsters in India to improve this situation.

Is it necessary for schoolchildren to be informed about unemployment?

Students at this young age should definitely be informed about this topic as it will motivate them to study and aim for higher scores in exams.

What points are to be added to an essay topic on Unemployment?

Add details about different age groups of people suffering from this state of employment. You can focus on the fact that poverty is an indirect reason for unemployment and vice-versa. Then, suggest steps that can be taken to bring about an improvement in education and increase the percentage of literacy.

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Essays About Unemployment: Top 6 Examples and 5 Prompts

Read our guide to see helpful essay examples and prompts to further your understanding and write essays about unemployment.

Unemployment is an unfortunate circumstance many find themselves in; it is a challenge that civilized society faces today. When people are unemployed, they look for jobs but cannot get them. As a result, they are left without a source of income and cannot adequately provide for themselves and their families. This, in turn, can lead to various issues, including depression.

Unemployment is a social, economic, and political issue. It leaves many people in poverty and prevents people from obtaining a source of income. As a result, politicians capture the eyes of voters by promising to lower the unemployment rate to get elected. 

You can get started by reading these essay examples if you are writing essays about unemployment.

6 Examples of Essays About Unemployment

1. unemployment reflection by christopher haynes, 2. what i learned from nearly a year of unemployment by becca slaughter, 3. why aren’t europe and canada in the same boat as u.s. for unemployment by glen hendrix, 4. a global dilemma: how unemployment creates poverty by tess hinteregger, 5. why has covid-19 been especially harmful for working women by nicole bateman and martha ross, 6. youth day and ordeal of nigerian youth by utomi jerome-mario, essay prompts about unemployment, 1. unemployment during the covid-19 pandemic, 2. the connection between unemployment and crime, 3. unemployment: whose fault is it, 4. the causes of unemployment, 5. the effects of unemployment.

“In order to secure work, we must be prepared to change or upgrade our skills and be willing to relocate if necessary. But some people are not interested in retraining to find work in another field, some people do not have the confidence to go out and look for work, and some refuse to accept a job they feel is below their level. Unless people like this change their attitudes, they will not be able to find work.”

Haynes provides two perspectives on unemployment; first, that the government should do more to address it, and second, that if people want work, they must adjust to make a living. He believes that many are unemployed because they are unwilling to change their skillset or relocate to get a job. Therefore, more should be done to reduce unemployment, but it goes both ways; everyone must put in the effort.  

“I remember feeling embarrassed and powerless. I was angry it wasn’t my decision. I was happy I didn’t have to go back there, yet I was stressed about not having anywhere to go. Ultimately, I felt an overwhelming sadness that left me terrified. While I was overflowing with confusing and contradicting emotions, I somehow felt empty.”

In her essay, Slaughter reflects on her unemployed time and how it changed her. Her previous job was long and stressful, but whenever someone would ask her what she did for a living, she was embarrassed and regretful for not being there anymore. In addition to losing her job, she feels like she lost a part of herself at that time. Thankfully, she got a new job, one less taxing than her previous one. 

“You would think paying all that money year after year to a government whose purpose is to “establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity” would entitle that person to a modicum of “blessings” to insure his “tranquility” and “general welfare” in case of some stupid virus pandemic. It would certainly be the “just” thing to do. And that person’s “posterity” might look a bit less bleak. European governments and Canada did just that. And it’s not even explicitly stated in the preamble to their constitution.”

Hendrix criticizes the United States’ response to the unemployment problem caused by the COVID-19 pandemic, saying that Canada and European nations have done a much better job. He discusses how much better their unemployment benefit system is compared to the U.S. and how it is ironic that the United States, whose constitution says all of these things promoting justice and wellbeing, cannot provide that for its citizens during a global pandemic. 

“While unemployment can create poverty, poverty also reduces the chance of being employed. To ensure that those who are affected by unemployment do not fall into the negative cycle, researchers believe that governments should focus on improving quality education and training all young people so they remain in school.”

Hinteregger, in her essay, explains the link between unemployment and poverty, writing that it leads to the loss of income. People will also have to raise their families in poverty, which perpetuates the cycle of poverty. In addition, the poor may resort to violence to make a living. She points out the sheer irony of this issue, as unemployment causes poverty while poverty may also reduce the chance of being employed. 

“COVID-19 is hard on women because the U.S. economy is hard on women, and this virus excels at taking existing tensions and ratcheting them up. Millions of women were already supporting themselves and their families on meager wages before coronavirus-mitigation lockdowns sent unemployment rates skyrocketing and millions of jobs disappeared. And working mothers were already shouldering the majority of family caregiving responsibilities in the face of a childcare system that is wholly inadequate for a society in which most parents work outside the home.”

Bateman and Ross write about the effects of the COVID-19 pandemic on women. Many women are forced to go through so much to provide for their families; however, the lockdowns led to many of them losing their jobs. The unemployment rate for women rose dramatically, by 12 percent, from February to April of 2020. It has been difficult for them to balance work with taking care of their families, women’s primary role as dictated by society. 

“Youth unemployment is potentially dangerous as it sends a signal to all segments of the Nigerian Society. Here in Nigeria, the rate of youth unemployment is high, even at the period of economic normalcy i.e. the oil boom of the 1970s (6.2 per cent); 1980s (9.8 per cent) and the 1990s (11.5 per cent). Youth unemployment therefore is not a recent phenomenon. But if what happened in the 1980s/90s were a challenge of sorts, what is happening presently, going by the latest report by the National Bureau of Statistics (NBS), is a challenge.”

Jerome-Mario’s essay focuses on several issues affecting the Nigerian youth, including unemployment. The country has a high unemployment rate; over a fourth of the youth population is unemployed. He stresses the importance of the youth using their voice to make a change and to persuade the government to care for its citizens more. 

The pandemic and its lockdown policies have undoubtedly caused many people to lose jobs. Look into the impact of COVID-19 on the unemployment rate, particularly during the early months of the pandemic. Which sectors were most affected? Pull data and statistics to show how the public was affected by the covid-19 pandemic in terms of unemployment.

Many say that unemployment leads to higher crime rates. Do you believe this is true? Research how unemployment is linked to crime; examine the effects of unemployment on mental health; and conclude whether this may contribute to the increased likelihood of committing a crime. 

In Haynes’ essay, he claims that employers/the government, and workers are to blame for unemployment. After reading his essay and both arguments, who do you believe is at fault? Explain your response in detail, and make sure to provide a solid base of evidence.

Unemployment has many contributing causes. Assuming a non-pandemic setting, research what causes unemployment and list them down in your essay. Elaborate on each one and, if you can draw connections, explain them as well. 

As a grave issue, unemployment has many severe effects, notably poverty. For your essay, write about the effects of unemployment on a person, both physical and mental. How are they connected? What secondary effects might they produce? For a compelling and argumentative essay, answer these questions using research material and interview data.

For help with this topic, read our guide explaining what is persuasive writing ?If you are interested in learning more, check out our essay writing tips !

Martin is an avid writer specializing in editing and proofreading. He also enjoys literary analysis and writing about food and travel.

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Unemployment in the Country

How it works

An adage says “an idle hand is a devil’s workshop”. The enormous growth of unemployment in our society today calls for alarm, and it is expedient for all nations to figure out what leads to this great dilemma. Unemployment has messed up our society because of three major factors, such as increase in population, lack of encouragement for self-employment, and change in technology.

One of the major causes of unemployment is increase in population. Increase in population is an event experienced when the number of people in a particular place exceeds the available resources to sustain them sufficiently.

The number of people who are seeking employment is daily increasing, and it is more burdensome to make jobs available for all these large number of job seekers. For example, if a government project is projected to cover 50,000 unemployed people in next five years, the increase in population before that time will leave other set of people unemployed. A situation like this makes demands for job to be more than the available jobs. Undoubtedly, all these will end up in increased number of unemployed people. The unemployment condition will linger as long as the demand and supply gap persists. This is currently happening in Asian countries.

Another cause of unemployment is lack of encouragement for self-employment. Many popular industries we see today are products of self-employment. If governments don’t encourage people by providing what they need to be self-employed, unemployment will definitely persist. Nigeria, for instance, is a country blessed with talented young people, but she doesn’t encourage the talented young ones by providing constant electricity which is vital in self-employment. When vocational skills are tagged tuition free, many will learn to be self-employed which will turn out to put unemployment to flight. Our system of education has failed in developing or encouraging the zeal of self-employment among our youths. When self-employment is not encouraged, unemployment will remain.

Finally, unemployment is not just caused by increase in population and lack of encouragement for self-employment alone but also caused by the change in technology (advanced technology). This is a situation whereby technology has advanced and begins to compete with man. A typical example is when a firm lays off machinery workers and substitutes them with robots. There is need for workers to add more knowledge and skills in order for them not to be replaced by the advanced technology. Those that don’t surpass the function of the advanced technology will ultimately become unemployed at the end. Labor saving machine is another example of what industries are using in place of man in order to maximize production and profit. As technology is changing, it is also changing other things.

To sum up, causes of unemployment vary from country to country, and its effects include psychological and financial problem. The major causes of unemployment are increase in population, lack of encouragement for self-employment, and change in technology. Unemployment has totally become a major problem which affects our community. Therefore, countries should construct more industries so as to give more opportunities to meet the needs of the increased population. They should also minimize the involvement of the advanced technology that replaces man and encourage self-employment.

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Essay on Unemployment: 100 to 300 Words

• Updated on  
• Mar 30, 2024

Writing an essay on unemployment provides an opportunity to explore a critical issue affecting societies worldwide. Unemployment, a multifaceted problem, has far-reaching consequences that touch upon various aspects of individuals, families, and nations. In this essay, we will delve into the complexities of unemployment, examine its causes and consequences, discuss government initiatives, and shed light on potential solutions.

Table of Contents

• 1 What is Unemployment?
• 2 Essay on Unemployment in 100 words
• 3 Essay on Unemployment in 200 words
• 4 Essay on Unemployment in 300 words
• 5 Tips to Ace in Writing An Essay

Must Read: The Beginner’s Guide to Writing an Essay

What is Unemployment?

Lack of jobs leads to unemployment. It is a very serious economic and social concern that is happening all around the globe leading to many social ills. This issue is a major one and hence many governments are trying to address it. When people of a nation are employed, that leads to the economic and social well-being of that nation. To address it, the education system needs to be modeled differently so as to increase the employability of people. In democracies, political parties use unemployment as a core issue in their election manifestos.

Essay on Unemployment in 100 words

Unemployment refers to the condition when individuals, capable and willing to work, are unable to secure gainful employment. It is a pervasive issue across the globe, with varying degrees of impact on societies. Unemployment results in financial instability, and emotional distress, and hampers individual growth. Governments and organizations must collaborate to create opportunities for employment through skill development and policy implementation.

Essay on Unemployment in 200 words

Unemployment, a pressing concern globally, stems from multiple factors that hinder the workforce’s engagement in productive activities. It affects both developed and developing nations, contributing to economic imbalances and social disparities. The consequences of unemployment include reduced income levels, increased poverty rates, and strained government resources. Moreover, the psychological toll it takes on individuals and families can be severe, leading to stress, depression, and strained relationships.

Essay on Unemployment in 300 words

The intricate web of unemployment is spun from a mix of causes, ranging from economic fluctuations to structural shifts in industries. Cyclical unemployment, driven by economic downturns, and structural unemployment, resulting from a mismatch between skills and job openings, are widespread forms. Additionally, technological advancements lead to technological unemployment as machines replace human labour.

Unemployment has cascading effects on societies. Diminished purchasing power affects market demand, thereby impacting economic growth. As unemployment rates rise, so does the burden on social welfare programs and the healthcare system. The phenomenon also fuels social unrest and political instability, making it a challenge governments cannot ignore.

Governments worldwide have initiated strategies to tackle unemployment. Skill development programs, vocational training, and entrepreneurship initiatives are designed to equip individuals with market-relevant skills. Furthermore, promoting labour-intensive industries and investing in sectors with growth potential can generate employment opportunities.

In conclusion, unemployment is a complex issue that necessitates a multi-pronged approach. Governments, industries, and individuals must collaborate to alleviate its impact. Effective policy implementation, education reforms, and the cultivation of entrepreneurial spirit can pave the way towards reducing unemployment rates and fostering a more stable and prosperous society.

Tips to Ace in Writing An Essay

Before we dive into the specifics of unemployment, let’s briefly discuss some tips to enhance your essay-writing skills:

• Understand the Prompt: Ensure a clear understanding of the essay prompt to address all its components effectively.
• Research Thoroughly: Gather relevant information from credible sources to build a comprehensive and informed essay.
• Organize Your Thoughts: Create an outline to structure your essay logically, allowing your ideas to flow coherently.
• Introduction and Conclusion: Craft a compelling introduction to engage your readers, and a succinct conclusion to summarize your key points.
• Use Clear Language: Express your ideas using clear and concise language, avoiding jargon or overly complex vocabulary.
• Provide Examples: Illustrate your points with real-life examples to enhance understanding and credibility.
• Edit and Proofread: Revise your essay for grammar, punctuation, and coherence to ensure a polished final draft.

Also Read: Unemployment v/s Underemployment – What’s Worse?

Related Reads:-     

Unemployment refers to the state in which individuals who are willing and able to work are without gainful employment opportunities. It is a condition where individuals seek jobs but are unable to secure them, leading to financial instability and societal challenges.

Unemployment, as discussed in the essay, is a multifaceted issue encompassing the lack of employment opportunities for willing and capable individuals. It explores various forms of unemployment, its causes, far-reaching consequences on economies and societies, and the role of governments in implementing solutions to mitigate its impact.

Unemployment is the term used to describe the situation where individuals of working age are actively seeking employment but are unable to find suitable job opportunities. It signifies a gap between the available workforce and available jobs, often leading to economic and social challenges within a society.

Unemployment emerges as a prominent thread, influencing economic, social, and psychological realms. As we’ve explored in this essay, comprehending the causes and consequences of unemployment is pivotal in devising solutions. Governments, institutions, and individuals must strive collectively to unravel this issue’s complexities and weave a fabric of employment opportunities, stability, and progress. We hope that this essay blog on Unemployment helps. For more amazing daily reads related to essay writing , stay tuned with Leverage Edu .

Manasvi Kotwal

Manasvi's flair in writing abilities is derived from her past experience of working with bootstrap start-ups, Advertisement and PR agencies as well as freelancing. She's currently working as a Content Marketing Associate at Leverage Edu to be a part of its thriving ecosystem.

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Essay on Unemployment Rate

Introduction

The essay is focused on examining the issue of unemployment among people in various societies and countries around the world, the reasons for unemployment, types of unemployment, ways to overcome the issue of unemployment and examine the costs associated with unemployment. Unemployment is a major social issue among people in the economic market today, there are several reasons for unemployment in economics depending on the type of unemployment available, these can be directed to government, employer, supply of labor, among others. The types of unemployment can be directed to frictional unemployment, structural unemployment, cyclical unemployment, and seasonal unemployment. There is a need to solve the unemployment problem in the social economies, this can be done in several ways including enhancing political stability, promoting education, controlling the growth of population, among others. The issue of unemployment in the social economies has several costs ranging from loss of income among individuals, low standard of living among unemployed people, low production, and economic growth, among other costs.

Unemployment and reasons for unemployment

Unemployment is a major problem in various countries around the world, this is a situation whereby people do not have any work that can generate income and are actively searching for a job (Hauser & Burrows, 2018). Individuals in this situation are mostly employable and are actively searching for jobs. This can also include people who are working in jobs that are below their qualifications, experience, and satisfaction. The situation where there is a high level of unemployment will result in several economic distress and problems. The situation of unemployment hinders people to engage in productive work to facilitate development in the country. This will result in a decrease in economic productivity and development (Hauser & Burrows, 2018).

The two categories of unemployment are voluntary and involuntary unemployment, the situation where one moves out from a job to search for another is known as voluntary unemployment, and a situation where a person is laid off and now looking for a job is known as involuntary unemployment. Wolcott et al., (2020) in 2020, the coronavirus pandemic affected Singapore and the world, causing a high level of involuntary unemployment. There are several reasons for unemployment, inadequate job opportunities in a country can cause unemployment in the country. The slow economic development issue can result in unemployment, especially when the population growth is increasing.

The high growth of the population can result in unemployment challenges when the country is not developing and when fewer job opportunities are in the country. Also, people who depend on agriculture production work can become unemployed when the season is not favorable for plant growth. A decrease in industrialization and investment can account for unemployment in several countries that are not developing, the situation where there are few industries and investments are not available will have a severe influence on the employment of people in a developing country. Improper economic planning can also result in unemployment challenges, situations, where there is a gap between supply and demand of labor, which will result in unemployment.

Various types of unemployment

Hauser & Burrows, (2018) Types of unemployment can include frictional, cyclical, structural, institutional, and seasonal unemployment. These types of unemployment are based on voluntary and involuntary unemployment. Frictional unemployment is a situation where a person voluntarily moves from one job to another in a country. The time spent to get another job can be linked to unemployment, it may take some time before the person gets another job. Some people move to another location to search for a new job which can take some time before getting the desired job. When fresh graduate students’ transit to search for a job, the time spent before getting a job is also linked to frictional unemployment. The time can be very short or longer depending on the availability of the job the applicant is seeking (Hwang, 2019).

Hwang, (2019) cyclical unemployment is another type of unemployment where the decrease in production and demand for products results in a decrease in employment of new workers. The situation where a company is not getting enough purchases of goods from the market will decrease income level and ability to pay workers. This can lead to a decrease in salary, and an increase in savings. People will not be able to buy enough goods when their salary is decreased and savings are increased. The situation is cyclical in nature but can be resolved when economic growth and investment are facilitated in the country.

Structural unemployment is when there is a new change in the operation of a business, technology, and production. The situation whereby a company adapts to a new technological system or process will result in laying off workers who do not have the relevant skills for the new changes. There will be a need for retraining of staffs or workers to understand how to use new systems in the company (Wolcott et al., 2020).

Institutional unemployment occurs when there are changes in policies, institutional incentives, and interference of the free market condition in a country. The change in employment policies and strategies can result in laying off some workers in order to regulate the new policies.

Seasonal unemployment is a situation whereby workers that depend on jobs that operate in different seasons are not having jobs due to the unfavorable season or weather conditions to engage in such jobs. An example is farming, among others.

Various ways to overcome unemployment

Education is very important in solving the problem of unemployment, educating people will help increase their skills and ability to be employed and start their own businesses. Education will enable workers to advance their skills and employability level. The education system has to be improved in order to enhance the admission of students into higher studies in colleges and universities. The availability and improvement of vocational institutions can also facilitate the development of skills among students in the higher level of education. Students from these training institutions can start their own businesses after completion and reduce the unemployment rate in the country. The industrial technique can be enhanced to identify the employment needs of the country and improve labor-intensive technology in order to employ more people instead of using machines and other fully technological systems (Sari, 2019).

There is a need to design a policy to solve seasonal unemployment issues, mostly in the agriculture sector, the provision of alternative job opportunities for workers who depend on seasonal jobs will help reduce the unemployment rate during unfavorable seasons. Also, the use of multiple cropping can be encouraged in order to facilitate the production of crops favorable in any given season. The addition of varied plantations, animal husbandry, food processing, and other farming practices will enhance employment.

The use of communication and employment exchanges can be provided to enhance the dissemination of information regarding job opportunities available anytime. This will alert the public in order to enhance the employment rate and reduce frictional unemployment. There is a need to assist self-employed individuals in order to facilitate their work and production. This can be in a form of financial support, technical training, and raw material support in order to improve self-employed businesses.

The development and implementation of policies that encourage the development of more jobs in a country will help reduce unemployment. There is a need to increase development of jobs in a country and increase employment of labor in order to help them gain benefits and contribute towards societal development. There can also, be enhanced employment program facilitation, this is done by setting plans to develop infrastructure, power supply, roads, and other facilities that encourage production (Sari, 2019).

Costs associated with unemployment

There are some costs associated with unemployment which include individual and societal costs; the major cost to unemployed individuals is income lost, this is the situation where a person does not get any income due to unemployment. Unemployment affects people’s ability to earn money. The situation can hinder people’s ability to finance and take good care of themselves. The well-being of people becomes disrupted due to a lack of income to support themselves. The cost to society is a reduction in productivity through a decrease in goods and services, the people do not have money to purchase goods and services, this also affects the performance of companies and organizations in the society. The situation also causes waste of resources including labor, since the economy does not utilize these resources efficiently. The situation, when people take up jobs below their qualifications, brings about inefficient use of labor. This also results in the loss of skills and labor capital in the economy (Alrasheedy, 2019).

The situation of unemployment can affect the health of people in the country, this includes the mental and physical wellbeing of individuals in the country. There is an incidence of family and social unrest, an increase in the crime rate, and other bad practices in society. The situation of unemployment can cause disruption on confidence and self-esteem among people who are unemployed (Alrasheedy, 2019). The situation can drastically deplete the skills, motivation, and well-being of people in the country. The situation of unemployment also causes loss of tax and revenue to the government, development of the country will be slowed and hindered. The expenditure incurred by the government increases as a result of providing support to unemployed people in the country. The situation of a high rate of unemployment will bring about severe problems to individuals, the situation where the unemployment problem takes longer duration, the country resort to borrowing from other countries and becoming indebted to those countries.

Unemployment is a major social issue in many countries in the world, the situation of unemployment is a challenge to the government, employers, and individuals in the society. The types of unemployment can be directed to frictional unemployment, structural unemployment, cyclical unemployment, and seasonal unemployment. The situation of unemployment can be identified when a person is actively seeking a job but does not get any available. This can also include people who are working in jobs that are below their qualifications, experience, and satisfaction. The situation where there is a high level of unemployment will result in several economic distress and problems. The situation of unemployment hinders people to engage in productive work to facilitate development in the country. This will result in a decrease in economic productivity and development.

The two categories of unemployment are voluntary and involuntary unemployment, the situation where one moves out from a job to search for another is known as voluntary unemployment, and a situation where a person is laid off and now looking for a job is known as involuntary unemployment. There are several causes of unemployment, including population growth, slow economic development, people who depend on seasonal jobs such as agriculture production work can become unemployed. A decrease in industrialization and investment can account for unemployment, improper economic planning can also result in unemployment challenges. The situation of unemployment can result in social unrest, an increase in the crime rate, and other bad practices in society. The situation of unemployment can cause disruption on confidence and self-esteem among people who are unemployed. Unemployment can be solved when there is education, development of new jobs, investment, and support of self-employed workers.

Alrasheedy, A. (2019). The cost of unemployment in Saudi Arabia.  International Journal of Economics and Finance, 11 (11), 1-30.

Hauser, M. M., & Burrows, P. (2018).  The Economics of Unemployment Insurance  (1st ed.). London: Routledge.

Hwang, G. J. (2019). How fair are unemployment benefits? The experience of East Asia.  International Social Security Review, 72 (2), pp.49-73.

Sari, A. I. (2019). Social Entrepreneurs and Innovation for the Unemployment.  International Journal of Economics and Management, 1 (3), pp.72-79.

Wolcott, E., Ochse, M. G., Kudlyak, M., & Kouchekinia, N. A. (2020). Temporary Layoffs and Unemployment in the Pandemic.  FRBSF Economic Letter , p.34.

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AP®︎/College Macroeconomics

Course: ap®︎/college macroeconomics   >   unit 2.

• Unemployment rate primer
• Natural, cyclical, structural, and frictional unemployment rates
• Worked free response question on unemployment

Lesson summary: Unemployment

• Unemployment
• Types of unemployment and the natural rate of unemployment

Lesson overview

Key takeaways

The labor force participation rate (lfpr), limitations of the unemployment rate, three types of unemployment, the natural rate of unemployment, changes in the natural rate of unemployment (nru), key equations, the labor force:, the unemployment rate (ur).

Common Misperceptions

• Not everyone who is out of work is unemployed. In order to be counted as unemployed you have to be out of work, looking for work, and able to accept a job if one is offered to you. If you are out of work and not looking, then you are considered “not in the labor force” rather than unemployed.
• We tend to think of unemployment as an undesirable thing, but a certain amount of unemployment is actually part of a healthy economy. Structural unemployment occurs when new industries are created and old industries become obsolete. For example, when we moved from using horses and buggies to using cars to get around, this put a lot of buggy makers in the structurally unemployed category.
• Frictional unemployment might not seem very fun, but consider what it means to have zero unemployment—nobody ever looks for a job, they just remain in whatever job they are given! In fact, a number of dystopian novels have been written in which everyone in a society is automatically assigned a fixed career (such as the Divergent series). Those societies have zero frictional unemployment, but they are also quite unpleasant if you are unhappy with that career!
• A decrease in the unemployment rate isn’t necessarily a sign of an improving economy. When people stop looking for jobs and drop out of the labor force as discouraged workers, the unemployment rate will decrease even though the true employment situation hasn’t gotten any better. This is why it is important to look at both changes in the unemployment rate and changes in the labor force participation rate. Looking at both changes let’s you get a more complete idea about changes in the employment situation.

Discussion Questions:

• An inventor in Burginville developed a fantastic new dictation machine that perfectly records speech and turns it into a typed document. Unfortunately, that meant that unemployment increased among typists working in offices. Which type of unemployment is this? Explain. Solution, please. This is structural unemployment because typists skills are no longer desired. The changing structure of office work has resulted in people losing their jobs.
• The nation of Fitlandia has 120 , 000 ‍   people. Of these, 20 , 000 ‍   are children under the age of 16, 72,000 ‍   have jobs, 8,000 ‍   don’t have jobs and are looking for work, and 20,000 ‍   people are retired. Assuming that these are all noninstitutionalized civilians, calculate the labor force participation rate and the unemployment rate. I think I got it. Can I check my work? L F = # Employed + # Unemployed = 72,000 + 8,000 = 80,000 L F P R = L F Eligible Population × 100 % = 80,000 100,000 × 100 % = 80 % U R = # Unemployed # Labor Force × 100 % = 8,000 80,000 × 100 % = 10 % ‍  
• Explain why a decrease in the unemployment rate can actually signal a tough job market.

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19.4: Causes of Unemployment around the World

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Learning Objectives

• Explain the nature and causes of unemployment
• Analyze the natural rate of unemployment and the factors that affect it
• Identify how undeveloped labor markets can result in the same hardships as unemployment

We can categorize the causes of unemployment in the world's high-income countries in two ways: either cyclical unemployment caused by the economy when in a recession, or the natural rate of unemployment caused by factors in labor markets, such as government regulations regarding hiring and starting businesses.

Unemployment from a Recession

For unemployment caused by a recession, the Keynesian economic model points out that both monetary and fiscal policy tools are available. The monetary policy prescription for dealing with recession is straightforward: run an expansionary monetary policy to increase the quantity of money and loans, drive down interest rates, and increase aggregate demand . In a recession , there is usually relatively little danger of inflation taking off, and so even a central bank, with fighting inflation as its top priority, can usually justify some reduction in interest rates.

With regard to fiscal policy , the automatic stabilizers that we discussed in Government Budgets and Fiscal Policy should be allowed to work, even if this means larger budget deficits in times of recession. There is less agreement over whether, in addition to automatic stabilizers, governments in a recession should try to adopt discretionary fiscal policy of additional tax cuts or spending increases. In the case of the Great Recession, the case for this kind of extra-aggressive expansionary fiscal policy is stronger, but for a smaller recession, given the time lags of implementing fiscal policy, countries should use discretionary fiscal policy with caution.

However, the aftermath of the Recession emphasizes that expansionary fiscal and monetary policies do not turn off a recession like flipping a switch turns off a lamp. Even after a recession is officially over, and positive growth has returned, it can take some months—or even a couple of years—before private-sector firms believe the economic climate is healthy enough that they can expand their workforce.

The Natural Rate of Unemployment

Unemployment rates in European nations have typically been higher than in the United States. In 2020, before the start of the COVID-19 pandemic , the U.S. unemployment rate was 3.5%, compared with 8.5% in France, 10% in Italy, and 7.1% in Sweden. We can attribute the pattern of generally higher unemployment rates in Europe, which dates back to the 1970s, to the fact that European economies have a higher natural rate of unemployment because they have a greater number of rules and restrictions that discourage firms from hiring and unemployed workers from taking jobs.

Addressing the natural rate of unemployment is straightforward in theory but difficult in practice. Government can play a useful role in providing unemployment and welfare payments, for example, by passing rules about where and when businesses can operate, and assuring that the workplace is safe. However, these well-intentioned laws can, in some cases, become so intrusive that businesses decide to place limits on their hiring.

For example, a law that imposes large costs on a business that tries to fire or lay off workers will mean that businesses try to avoid hiring in the first place, as is the case in France. According to Business Week , “France has 2.4 times as many companies with 49 employees as with 50 ... according to the French labor code, once a company has at least 50 employees inside France, management must create three worker councils, introduce profit sharing, and submit restructuring plans to the councils if the company decides to fire workers for economic reasons.” This labor law essentially limits employment (or raises the natural rate of unemployment).

Undeveloped and Transitioning Labor Markets

Low-income and middle-income countries face employment issues that go beyond unemployment as it is understood in the high-income economies. A substantial number of workers in these economies provide many of their own needs by farming, fishing, or hunting. They barter and trade with others and may take a succession of short-term or one-day jobs, sometimes receiving pay with food or shelter, sometimes with money. They are not “unemployed” in the sense that we use the term in the United States and Europe, but neither are they employed in a regular wage-paying job.

The starting point of economic activity, as we discussed in Welcome to Economics!, is the division of labor, in which workers specialize in certain tasks and trade the fruits of their labor with others. Workers who are not connected to a labor market are often unable to specialize very much. Because these workers are not “officially” employed, they are often not eligible for social benefits like unemployment insurance or old-age payments—if such payments are even available in their country. Helping these workers to become more connected to the labor market and the economy is an important policy goal. Recent research by development economists suggests that one of the key factors in raising people in low-income countries out of the worst kind of poverty is whether they can make a connection to a somewhat regular wage-paying job.

Economist Sir W. Arthur Lewis examined such transitions of labor and the impact on economic development. His core theoretical framework—the dual sector economy—proposes that, essentially, the marginal product of low-skilled workers is greater in the manufacturing sector than it is in the agricultural sector. That’s because most agricultural societies are both mature and have fixed inputs (land, water, and related resources); the marginal product of additional farmers on that land is nearly zero, creating what Lewis termed “surplus workers.” Early-stage manufacturing sectors, however, have great need for low-skilled workers, and can make better use (greater marginal product) of them. Their wages will remain low, but as stated above, the wages are more likely to be consistent and therefore move toward a large-scale transition of the labor force.

We have seen this practically in many nations experiencing a shift in labor, particularly in China. In many regions, it is marked by a level of migration—people leaving rural areas for cities or manufacturing zones. At some point, nations achieve what economists call the Lewis turning point, in which the surplus agricultural labor is fully absorbed into the manufacturing sector. Typically, when this occurs, wages in both agricultural and manufacturing sectors begin to rise in a sustainable manner. Despite massive transformation in the Chinese economy over the past decades, economists dispute whether China has actually reached the Lewis turning point.

Economic transition is not without its downsides. Many manufacturing-focused countries still rely heavily on their agricultural sectors for their own sustenance and as a core part of international trade. As the agricultural sector faces competition from manufacturing, and as people physically leave rural areas, farming economies can suffer downturns and unpredictability. Finally, countries or individual farmers seeking to make up for their missing labor may encourage migration and/or immigration that may cause political or financial conflict.

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Unemployed Youth - The Nation’s Biggest Concern

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Essay on Unemployment

Here we have shared the Essay on Unemployment in detail so you can use it in your exam or assignment of 150, 300, 500, or 1000 words.

You can use this Essay on Unemployment in any assignment or project whether you are in school (class 10th or 12th), college, or preparing for answer writing in competitive exams. 

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Essay on Unemployment in 150-250 words

Essay on unemployment in 300-500 words, essay on unemployment in 500-1000 words.

Unemployment is a pressing issue that affects individuals and societies globally. It refers to the state of being without a job or a source of income despite actively seeking employment. Unemployment poses significant challenges, both economic and social, for individuals and communities.

The consequences of unemployment are far-reaching. Financial instability decreased living standards, and a loss of self-esteem and confidence are common outcomes. Individuals may face difficulties in meeting their basic needs, providing for their families, and planning for the future. Moreover, unemployment can lead to social unrest, increased crime rates, and a strain on public resources.

Addressing unemployment requires a multifaceted approach. It involves creating favorable economic conditions, promoting job growth through investment and entrepreneurship, and providing individuals with the necessary skills and training for employment opportunities. Furthermore, social safety nets, such as unemployment benefits and job placement services, play a crucial role in supporting those who are unemployed.

Efforts to reduce unemployment should also focus on addressing structural issues in the labor market, promoting fair employment practices, and encouraging inclusive growth. Additionally, fostering a supportive environment for innovation, research, and development can stimulate job creation and economic prosperity.

In conclusion, unemployment is a complex issue with wide-ranging implications for individuals and societies. It demands comprehensive strategies that encompass economic policies, skill development, and social support systems. By addressing unemployment effectively, we can strive towards a society where individuals have access to fulfilling work opportunities and can contribute to the overall well-being and prosperity of their communities.

Title: Unemployment – The Economic and Social Challenge

Introduction :

Unemployment is a pressing issue that affects individuals, families, and societies worldwide. It refers to the state of being without a job or a viable source of income despite actively seeking employment. High levels of unemployment have significant economic and social consequences, making it a critical challenge to address.

Causes of Unemployment

Unemployment can stem from various factors. Economic downturns and recessions often result in job losses as businesses struggle to sustain their operations. Technological advancements and automation have also led to job displacement, particularly in industries that rely heavily on manual labor. Globalization and outsourcing practices have contributed to the relocation of jobs to countries with lower labor costs, creating unemployment in certain regions.

Impact of Unemployment

Unemployment has far-reaching implications. Financial instability resulting from joblessness can lead to increased poverty rates, limited access to healthcare, and housing insecurity. It also strains social cohesion, as unemployed individuals may experience psychological distress, low self-esteem, and a loss of purpose. Moreover, long-term unemployment can lead to skills deterioration and a loss of work experience, making it increasingly difficult for individuals to re-enter the labor market.

Addressing Unemployment

Addressing unemployment requires a multi-faceted approach:

Economic Policies: Governments should implement policies that promote economic growth, investment, and job creation. This includes fostering a business-friendly environment, reducing bureaucratic barriers, and providing incentives for entrepreneurship and innovation. Additionally, targeted industry development strategies can identify sectors with growth potential and encourage job creation in those areas.

Education and Skills Development: Investing in education and skills development is crucial to equip individuals with the necessary competencies for available job opportunities. Collaboration between educational institutions, employers, and government agencies can help bridge the skills gap and ensure that individuals are prepared for the changing demands of the labor market. Upskilling and reskilling programs can help unemployed individuals acquire new skills and improve their employability.

Job Creation Initiatives: Governments should prioritize job creation initiatives, particularly in sectors with high growth potential. This can be achieved through infrastructure projects, green technology investments, and support for small and medium-sized enterprises. Public-private partnerships can also play a significant role in stimulating job creation and economic development.

Social Safety Nets: Establishing robust social safety nets is crucial to support those facing unemployment. Unemployment benefits, healthcare coverage, and access to retraining programs can help individuals meet their basic needs and regain economic stability while actively seeking employment. Such support systems alleviate the financial burden and provide a safety net during challenging times.

Conclusion :

Unemployment is a complex and persistent socioeconomic challenge that demands comprehensive solutions. By implementing effective economic policies, investing in education and skills development, promoting job creation, and providing social safety nets, societies can mitigate the impacts of unemployment and strive toward a more equitable and prosperous future. It is essential to address this issue with urgency, as reducing unemployment rates not only improves individual well-being but also fosters economic growth and social cohesion.

Title: Unemployment – A Dual Crisis of Economic Stability and Human Dignity

Unemployment is a complex and pervasive issue that affects individuals, families, and societies at large. It refers to the state of being without a job or a viable source of income despite actively seeking employment. High levels of unemployment have severe economic and social consequences, making it a pressing challenge that demands effective solutions and interventions. This essay aims to provide a comprehensive analysis of the causes, impacts, and potential remedies for unemployment, recognizing its multifaceted nature and the need for a holistic approach.

I. Understanding Unemployment

Unemployment can be classified into various types based on its causes and duration. Structural unemployment arises from shifts in the economy, such as technological advancements or changes in market demand, rendering certain jobs obsolete. Cyclical unemployment, on the other hand, is caused by economic downturns and fluctuations in business cycles. Frictional unemployment occurs when individuals are between jobs or in transition, while seasonal unemployment is linked to seasonal variations in certain industries.

II. Economic Implications

Unemployment poses significant challenges to the economy at both micro and macro levels. At an individual level, it leads to a loss of income and financial instability, making it difficult for individuals to meet their basic needs, contribute to the economy, and plan for the future. Moreover, the lack of economic opportunities leads to a decrease in consumer spending, which negatively impacts businesses and reduces their profitability. This, in turn, can trigger downsizing, closures, and a negative cycle of job losses, further exacerbating the unemployment crisis.

On a macroeconomic scale, high unemployment rates hinder economic growth and development. The decline in consumer spending decreases demand for goods and services, creating a ripple effect throughout the economy. Governments also face challenges in generating tax revenues, leading to reduced public investment in infrastructure, education, and healthcare. Additionally, increased government spending on unemployment benefits and social support places a strain on public finances, potentially leading to higher budget deficits or cuts in other areas.

III. Social Consequences

Unemployment not only impacts individuals’ economic well-being but also has profound social implications. Financial instability resulting from joblessness can lead to increased poverty levels, housing insecurity, and limited access to healthcare, further exacerbating social inequalities. The psychological toll of unemployment cannot be overlooked, as individuals may experience feelings of anxiety, depression, low self-esteem, and a loss of purpose. This can strain relationships, lead to social isolation, and create a sense of hopelessness among the unemployed.

Furthermore, long-term unemployment can result in skills deterioration and a loss of work experience, making it increasingly difficult for individuals to re-enter the labor market. This perpetuates a cycle of unemployment and hinders upward social mobility, reinforcing existing inequalities and social divisions.

IV. Causes of Unemployment

Unemployment is influenced by a combination of economic, structural, and policy-related factors. Economic downturns, such as recessions or financial crises, can lead to widespread job losses as businesses struggle to stay afloat. Technological advancements and automation also contribute to job displacement, particularly in industries that rely heavily on manual labor. Globalization and outsourcing practices can result in the relocation of jobs to countries with lower labor costs, further aggravating unemployment in certain regions.

Inadequate education and skills training also contribute to unemployment. Rapid changes in the labor market demand individuals with up-to-date skills and knowledge. Failure to adapt and provide relevant training can leave individuals ill-equipped to secure employment in sectors with higher demand.

V. Addressing Unemployment

Effectively addressing unemployment requires a comprehensive approach that combines economic policies, education and skills development, job creation initiatives, and social safety nets. Some potential strategies include:

• Economic Policies
• Education and Skills Development
• Job Creation and Support
• Social Safety Nets

Economic Policies:

Governments should implement policies that foster a conducive business environment, promote investment, and stimulate job creation. This may involve reducing bureaucratic barriers, providing incentives for entrepreneurship and innovation, and investing in infrastructure projects to generate employment opportunities.

Education and Skills Development:

A focus on education and skills training is crucial to equip individuals with the necessary competencies for available job opportunities. Collaboration between educational institutions, employers, and government agencies can help bridge the skills gap and align education with labor market needs. Upskilling and reskilling programs should be promoted to ensure individuals can adapt to evolving job requirements.

Job Creation and Support:

Governments should prioritize job creation initiatives in sectors with growth potential, such as renewable energy, healthcare, technology, and infrastructure development. This can be achieved through investment incentives, public-private partnerships, and targeted industry development strategies. Additionally, providing job placement services, vocational training, and financial assistance to unemployed individuals can enhance their employability and facilitate their transition back into the workforce.

Social Safety Nets:

Establishing robust social safety nets is essential to provide temporary relief and assistance to those facing job loss. Unemployment benefits, healthcare coverage, and support for retraining can help individuals meet their basic needs and regain economic stability while actively seeking employment. Such measures help alleviate the negative impacts of unemployment and support individuals during periods of transition.

Unemployment is a dual crisis of economic stability and human dignity, impacting individuals and societies on multiple levels. The economic and social consequences of unemployment demand comprehensive and coordinated efforts to address its causes and mitigate its impacts. By implementing effective economic policies, investing in education and skills development, promoting job creation, and providing robust social safety nets, societies can strive towards reducing unemployment rates and creating a more inclusive and prosperous future for all.

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• Unemployment Speech

Long and Short Speeches on Unemployment

Any individual who is deprived of earning a living and faces difficulty in getting a paid job is known as unemployed and the condition is termed as unemployment. With India being a highly populated country, unemployment has always been a major problem in our country. And this problem has been increasing at a major rate.

Here, we have provided a long speech as well as a short unemployment speech in English for the students of all categories. Students can easily refer to our speech on unemployment for any exam preparation and can also gather information on this topic to prepare their own speech.

There is also a 10 Lines Speech provided by us especially for the students of Class 1 and Class 2.

Long Speech on Unemployment

This long speech on unemployment has been provided as a reference for the students of Class 7 To Class 12 for their exam preparation. 

Warm greetings to everyone! I firstly appreciate everyone who has gathered here to discuss the problem of unemployment. I am thankful enough for providing me with an opportunity to deliver a speech on unemployment.

Unemployment has become a major concern among the people of India today. With the increasing population, the job sectors fail to provide a full-time job to all the people. This, as a result, has increased the rate of unemployment in our country. Thus, unemployment can be defined as the condition where an individual is deprived of a paid job or self-employment and is unable to find a suitable job for employment. 

The fear of unemployment has caused a level of depression and mental stress on the youth today. In spite of getting a degree and having the highest qualifications, they still have to go through the process of unemployment. Many individuals, being the sole bread earner of the family, struggle day and night to earn a living. Unemployment not only refers to being jobless, but it also refers to the state where an individual is being underpaid as per their experience and qualifications. Several individuals are unsatisfied with the jobs they are in and are sticking to their jobs due to unemployment problems. 

Implementation of various government programs to improve the practical skills of the students must be done in every school and college. Although the government of India has introduced several employment schemes to offer jobs to the unemployed, many more steps must be taken to reduce the unemployment rate in our country. People must be made aware of self-employment and proper fundings for these government programs and projects must be implemented by the government.

Lastly, I would like to thank all of you for your patience and for coming here to discuss this issue. 

Short Speech on Unemployment in English

Given below is a short unemployment speech in English for the students of Class 3 to Class 6. 

Greetings everyone! Today I am here to deliver a speech on the topic of unemployment.

With the fast-growing industries and economic system, our country India still lags behind in the field of employment. In spite of having a higher degree and qualification, many people have to suffer through the process of unemployment. The main reason behind this major issue is the growing population and demand for a full-time job. Many citizens of the country are still deprived of paid jobs and are struggling to earn a living. This has also eventually led to mental pressures and depression among the youth. Although there has been an increase in the literacy rate of the people that has also increased the demand for new jobs. 

It is high time that the government should take up initiatives to provide employment to the people. There are several government programs and schemes that have been introduced by the Prime Minister to help the unemployed to get a paid job. New training programs should be introduced in schools and colleges for the better development of the students. People should be made familiar with the self-employment scheme and initiatives must be implemented by the government for funding these programs.

Lastly, I would like to end my speech by saying that unemployment has become a major problem in India today and necessary steps must be taken to reduce the unemployment rate. 

10 Lines Speech on Unemployment

Here is a 2-minute long speech on unemployment for the students of Class 1 and Class 2.

Good morning everyone! Today I am here to deliver a speech on unemployment.

Unemployment is a serious problem faced by many people in our country.

The increasing population and higher demands for jobs give rise to unemployment.

India being a populated country faces a higher unemployment rate due to limited job sectors.

There are several people who do not have a paid job and are surviving unemployment.

Unemployment also counts those individuals who are being underpaid in their jobs and are working outside their area of interest.

Even people having higher degrees and qualifications have to go through the process of unemployment.

This causes a high level of mental pressure and depression to the individuals as they struggle day and night to earn a living.

Due to slow economic growth and small job sectors, this problem has given rise to many unemployed people.

Lastly, I would like to say that unemployment is becoming a major concern of the youth of our country and if not solved in time, it will also bring down the economic rate of our country.

FAQs on Unemployment Speech

1. How can you include initiatives taken by the government to curb unemployment in your speech?

This problem is taken very seriously by the government, and a number of schemes are being implemented to reduce unemployment. Among these schemes are IRDP (Integrated Rural Development Programme), DPAP (Drought Prone Area Programme), Jawahar Rozgar Yojana, Training for self-employment, PMIUPEP (Prime Minister's Integrated Urban Poverty Eradication Program), employment exchange, Employment Guarantee Scheme, development of organized sector, small and cottage industries, employment in forging countries, and others.

2. What are the reasons for unemployment that I can include in my unemployment speech?

There are numerous reasons for a large section of the population of our country to be facing the problem of unemployment. Some of these reasons are population growth, slow economic growth, seasonal occupations, slow economic growth and a decrease in the cost of living in our country. Additionally, the large population of the country adds to the unemployment problem in India. The country's population demands a huge number of jobs and occupations every year, which the government is unable to supply.

3. What are the types of unemployment?

All of us today are aware of what unemployment is. However, it does not just mean that any person is unemployed. Likewise, unemployment also refers to people working in areas that are outside of their expertise or mastery. Some of the various types of unemployment include disguised unemployment, seasonal unemployment, open unemployment, technological unemployment, and structural unemployment. Other types of unemployment include cyclical unemployment, educated but unemployed, underemployment, frictional unemployment, chronic unemployment and casual unemployment. Presently, in India, among the most prevalent types of unemployment are seasonal unemployment, underemployment, and disguised unemployment.

4. What type of unemployment can be found in developed countries?

Mostly in developed countries, cyclical and frictional unemployment exist. The period of cyclical unemployment is the period in which the unemployment rate rises and falls according to cycles of economic ups and downs. It is vital to minimize cyclical unemployment during recessions. In an economy, frictional unemployment arises from voluntary job transitions. Frictional unemployment is a fact of life, even in a growing, stable economy.  The frictional unemployment that occurs when workers leave their current jobs in search of new jobs and when workers enter the workforce for the first time does not include those workers who remain in their current job until they find a new one, since they are never unemployed.

5. How to define different types of unemployment in india?

Open or Structural Unemployment- The phenomenon of open or structural unemployment occurs when a number of people desire to work but are unable to find jobs for themselves. It is a result of a growing population and people migrating to larger cities.

Disguised Unemployment - Under this type of unemployment, people seem employed, yet their productivity is zero and they do not receive any assistance to increase their output.

Seasonal Unemployment - During some seasons in India, farming is not practiced year-round, which results in farmers being jobless for a few months. Seasonal unemployment is also observed in the sugarcane industry, cold drinks industry, and crackers industry.

Unemployment in Our Country Essay in English

Unemployment Essay

Unemployment is a very serious problem all over the world. There are hundreds and thousands of people who are unemployed. Also, the problem of unemployment is very serious due to the growing population and the demand for jobs.

There are many reasons of unemployment.

Bribery has become a norm for employment. People who are not able to pay bribes are always unemployed. Our economy is lagging behind and the role of economic growth is very slow. Rapid population growth has been a major problem in our country. This is one of the main causes of unemployment. Backward business sectors are not yet as attractive to students as the field of agriculture and cottage industries.

Rapid population growth should be monitored. The family planning program should be more popular in rural areas. All efforts should be made in this direction. The education system needs to change. Career and technical education should be given importance. Education should be solid and practical.

The national unemployment crisis is affecting a large population of our country, especially a generation of young people who are the future leaders of our country. Unemployment results in the underdevelopment of the nation. However, the government has taken many steps to address this issue.

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Advancing social justice, promoting decent work ILO is a specialized agency of the United Nations

WESO Trends - May 2024 update

Taking into account the latest data, the report also analyses the current prospects for achieving the Sustainable Development Goals (SDGs) on poverty and informality.

The report presents updated global and regional estimates of key labour market indicators. It also explores the question of what is holding women back in the labour market and provides new estimates of the impact of family responsibilities on gender employment inequalities.

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World Employment and Social Outlook

ILO expects global unemployment to drop slightly in 2024, but slow progress to reduce inequalities is “worrying”

World Employment and Social Outlook: Trends 2024

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205 Unemployment Essay Topic Ideas & Examples

🏆 best unemployment topic ideas & essay examples, 👍 good essay topics on unemployment, 📌 simple & easy unemployment essay titles, 💡 interesting topics to write about unemployment, ✍️ unemployment essay topics for college, ❓ essay questions on unemployment.

• Unemployment Leads to Crime Essay In the 1990s, the rate of unemployment was low and so was the rate of property crime. Crime rates increase steadily in society, and the rate of crime is connected to unemployment and low wages.
• Youth Unemployment as a Social Issue Different factors have led to the high levels of youth unemployment, with the most widely studied of them being the skills that are available to the unemployed youths.
• Youth Unemployment and Policy Solutions The inability to address the problem of unemployment in the given age group may result in the growth of criminal activity, child poverty, and people’s negative perceptions of life.
• Unemployment The following are some of the advantages of using the hard system method It provides a deeper understanding and analysis of the problem of unemployment and answers the question of how to mitigate the unemployment […]
• Unemployment: Causes and Effects Employers seek to recoup the costs of inflation by constantly increasing the financial performance of sales. One of these methods is to increase the gross profit ratio by reducing the cost of production.
• Unemployment Rate Due to Impact of Technology By understanding the role of technology on unemployment, the public can develop innovative mechanisms to overcome the issue. The impact of technology on the labor market is relevant to my present and future life.
• The Philippines’ Unemployment, Inequality, Poverty However, despite the strong emphasis of the government on income equality and poverty reduction along with the growth of GDP, both poverty and economic and social inequality remain persistent in the Philippines.
• The Increasing Rate of Unemployment In the United State of America, the rate of unemployment was at its highest in the year 2007. The topic of unemployment is important due to the impact that it has on the current economy.
• Unemployment in Sweden: Causes and Solutions This research looks at one of her most celebrated program that turned out later on to be the source of misery to a good number of her population; that is the welfare program that was […]
• Unemployment and Lack of Economic Opportunity Having the majority of the population employed is critical for the economic and social stability of a nation. The third reason why employment and economic opportunities must be facilitated together is that it impacts the […]
• Spain and Its Unemployment Problems The low rate of employment is the most renowned characteristic of the Spanish economy as per the close of the Twentieth Century.
• Mergers, Acquisitions, and Downsizing This paper will highlight the differences between mergers, acquisitions, and downsizing and extrapolate the circumstances that can lead a company to adopt any of the three measures. The merging of companies in a horizontal arrangement […]
• The Youth Unemployment Crisis in Spain In order to further identify the root cause of the problem of the high levels of unemployment in Spain, it is necessary to evaluate the evolution of the unemployment among the youth in the country, […]
• Entrepreneurship: Reducing Unemployment The simultaneous demand for new skills, the training of which is still little accessible due to their novelty, and the loss of relevance of acquired skills lead to unemployment.
• Unemployment Among Emerging Adults The high rate of unemployment among emerging adults is due to the following reasons: personal skills, level of education, behavioral characteristics, and lack of capital.
• Gender Gap’s Effect on Unemployment Rate In fact, the latter, namely, the rise in the extent of the COVID-19 pandemic, has increased the rates of unemployment significantly.
• Unemployment and Underemployment This decision became a major step in relieving the social strain and allowing millions of people to survive the economic hardships caused by the imposed restrictions
• Inflation and Unemployment in the United States In the 21st century, there are so many issues in the economy of the United States. This is increasing the demand for skilled workers by the day as opposed to the unskilled.
• Employment Law: Worker Termination and Dismissal While determining reasonable notice, companies should focus on such aspects as the age of a worker, the length of employment, the health of an employee, and the availability of jobs in the community.
• Social Theory & its Relation to Social Problems: Unemployment. Furthermore, classical economists perceive unemployment as a result of excess supply that is influenced due to elevated price level of work labor.
• Relationship Between Unemployment and Crimes Agnew, argue that crime is caused by strain that a person face throughout life, and this can be contributed to the degree of educational inequality in society.
• Keynesian Theory of Unemployment This brings to the conclusion that during such times the government should implement policies that are aimed at increasing aggregate demand According to Robert the, policies which the government may implement in order to reduce […]
• Robots as a Factor in Unemployment Patterns One of the prevailing arguments in regards to this problem is that the advent of the robot technology is contributing towards a high rate of unemployment.
• Downsizing: Reasons and Consequences The reason for the perceived lack of alternatives may lie in the lack of creative thinking on the part of the manager, however.
• The Current Impact of Inflation and Unemployment on Germany’s Political/Economic System It is notable to recognize the fact that the rate of savings in the nation is quite high causing a dip in the rate of inflation.
• Unemployment Rate: Impact on GDP and Inflation In such a way, the scenario shows it is vital to preserve the balance and avoid decisions focusing on only one aspect of the economy.
• Unemployment and Economic Dynamism This type of unemployment is a natural part of the economy and is generally considered to be healthy, as it allows workers to move to new, better-paying jobs.
• Stimulus Checks: Impact of Unemployment A stimulus check is sent to taxpaying consumers to boost the economy as it provides funds for them to consume. The stimulus check offered included a high economic relief bill to deal with the pandemic.
• The Unemployment Issue in China The People’s Republic of China is the largest country in terms of population and the third largest country in the world in terms of territory.
• Downsizing for Optimizing Firm Efficiency The adoption of downsizing to mitigate the challenges mentioned above forms the basis of discussion for this paper. The section below highlights some of the benefits accrue to a firm that adopts the policy.
• Jamaica’s Unemployment and Positive Youth Development Although a recent positive trend in decreasing levels of joblessness is apparent as the country revitalizes its main source of income, the problem of the high level of unemployment among youth is persistent.
• How COVID-19 Affected Unemployment Rate Around the World A study on the effects of COVID-19 on the employment levels in the European economies found that the pandemic led to rapid unemployment in the economies of Germany, Italy, Spain, and the UK.
• Unemployment and Business Cycle in Australia The unemployment rate calculation formula is quite simple the number of unemployed people is divided by the total number of people in the civilian workforce.
• Unemployment Analysis and Its Measures The Federal Reserve Economic Data graphs indicate that before the Great Recession, the unemployment and total unemployment rates were relatively low at 5% and 8.
• The Federal Unemployment Tax Some percent of wages is retained by the employer from the employee’s pay, who then remits the funds to the government on the worker’s behalf.
• Income and Unemployment in the US Economy Further, one may say that both fiscal and monetary policies work to promote the U.S.economy’s achievement of the three goals, including full employment, economic growth, and stable prices.
• The Unemployment Problem in Panama This paper aims to review two current news articles about Panama, which reveal the issue of the high unemployment rate in this country, which continues to increase and has taken the form of a crisis.
• Unemployment Disparity Affecting African Americans Systemic racism in the U.S.is the primary cause of the unemployment gap. Compared to white Americans, African Americans have a relatively low rate of education in the U.S.
• Forecasting Unemployment Rate With Value-Factor Model The peculiarity of the article is that the study is aimed at the consequences in the future, also considering the changes that occurred at the beginning of the pandemic.
• Economic Growth and Unemployment Relationship in the USA The corresponding figures characterize the structure of economic dynamics and the diversification of the labor market. The research limitation is the multifactorial nature of economic growth and unemployment indicators.
• CBS News Unemployment Report and Its Future Impression The labor system in America also requires reevaluation to ensure that jobs available meet the skills and abilities of the American people.
• Unemployment and Inflation Relation However, the level of unemployment and its prevailing types can differ significantly depending on the state of the economies of countries and the policies they use to combat unemployment.
• Media Coverage of Unemployment Content analysis on the topic of coverage of unemployment in the media allows you to analyze the mood and opinion of society, the tone of expression in the published media, and conclude the nature of […]
• Poverty and Unemployment Due to Increased Taxation The government on its side defended the move while trying to justify the new measures’ benefits, a move that would still not benefit the country.
• Unemployment Rate and COVID-19 in Egypt, the UAE, and Bahrain The topic chosen for this study is the influence of COVID-19 on the rate of unemployment in Egypt, the United Arab Emirates, and Bahrain.
• The Impact of Trade Policy on Unemployment According to Dutt, Mitra, and Ranjan, there is a strong link between trade and unemployment, and, therefore, adaptations of various trade policies are bound to impact unemployment indirectly. Dutt, Mitra, and Ranjan note that there […]
• Unemployment and Recession: Causes and Relationship Another cause of recession is stringent monetary policy and increased cost of oil imports which tend to lower the rate of demand in the economy.
• Unemployment in the US and Europe The level of unemployment in the United States and Europe has continued to push the recession to unprecedented levels. Most of the jobs that were lost in the United States and Europe were in the […]
• Court Sentencing: Juvenile Status and Unemployment These provisions allowed that based on prior criminal history and in consideration of the current offense, they could be transferred for trial in adults courts.
• KSA Vision 2030 and Its Impact on Unemployment This resolution intends to reduce the rates of unemployment in Saudi Arabia and increase employment opportunities for women in the kingdom.
• Unemployment Within the 20th Century The purpose of this research is about showing the issue of unemployment in the 20th century, the results that it led to, the human struggle against unemployment, and the predictions of unemployment in the future.
• Macroeconomics in Unemployment Frictional unemployment is described as the unemployment that takes place because of the movement of people from one occupation to another.
• Purposive Research Methodology for Saudi Economic Study This will allow the investigative nature of the study to be attained. The questions will be developed in cognizance to the research topic and will be based on the set objectives.
• Unemployment as the Consequence of the Development of New Technologies. What Should Private Firms and Government Do? The development of new technologies has been considered to be the way to the high level of life on the one hand and one of the main reasons for unemployment on the other hand.
• Causes of Rising Unemployment However, this is usually not the case as the rate of employment opportunities being created are very few compared to the demands of the population and this means that many people will be unemployed regardless […]
• Global Recession and Unemployment Growth Connection However, the increased unemployment and the collapse of the steel industry in the United States results from the domination of companies at the microeconomic level seeking an absolute advantage at international stage. Similarly, it has […]
• UAE and GCC Economic Analysis: Inflation and Unemployment This is explained by the fact that UAE is less dependent on oil trade, hence, the inflation and unemployment rate in the UAE is lower in comparison with the countries of GCC.
• Teacher Evaluation, Discipline, and Dismissal With help of the findings of the given research, probable ideas on how to improve the existing system of teacher’s evaluation at school can be suggested, which will result in the increase of the efficiency […]
• Gender, Family, and Unemployment in Ontario’s Great Depression The introduction and all the background that Campbell gives are firmly in line with the goals of this course. The first part of the study is the business and the economic history.
• Public Administration: Unemployment Economic Impact The “official” unemployment rate is released by the U. S government is not a correct reflection of the actual state of unemployment in the nation.
• The Future of Unemployment in the United States The significance of unemployment makes it a major issue that neither the federal government nor the citizens can ignore given the fact that is one of the indicators of the strength of the economy.
• The Take-Up of Unemployment Study in USA The take up of unemployment is beneficial because it will enable the living standard of people to increase and contributes to the general performance of the economy. Small business funding ensures that more people are […]
• Financial Position of AT&T Through Downsizing As mentioned, due to the tough economic conditions that were being experienced the world over in the year 2008 and partly through 2009, the company decided to lay off close to 4% of its workforce.
• Downsizing Strategy: The Reasons and Benefits Firstly it is important to note that downsizing has implications to the remaining workforce in terms of confidence and loyalty to the organization.
• Gasoline Prices, Rates of Unemployment, Inflation, and Economic Growth The data which has been queried from the database are related to gasoline prices in California, the unemployment rate in the US, the inflation rate in the US, and Real GDP.
• Pakistan: GDP and Unemployment This shows a clear relationship between the economy of the country and the employment that it is able to generate. This unemployment is increasing in both the rural areas and the urban areas of the […]
• Measuring Unemployment Issues in Society Types of unemployment include; frictional unemployment, cyclical unemployment, seasonal unemployment, and structural unemployment. Seasonal unemployment is a result of the rise and fall of a particular job.
• Macroeconomics and Unemployment The author of the article is Jennifer Steinhauer and the source where the article is taken from is the newspaper “The New York Times”, issued on September 18, 2009, that is why the information under […]
• Outsourcing, Downsizing, and Delayering On the whole, outsourcing can be defined as transferring some of the firms activities to a third party or subcontractor for a certain period of time.
• Downsizing and Delayering in Organization The best way to do it is to refer to the experience of the firms, which have already faced a similar dilemma.
• The US and the Philippines: Unemployment and Inflation In cyclical terms, this rising inflation is actually the product and not the cause of these record-high oil prices and the idea that the U.S.had failed to think of the above-discussed alternatives to the energy […]
• Youth Unemployment in Africa: A Challenge for Public Policy Makers With a large population to take care of the market for labour is overstretched from Johannesburg to Tangiers and cannot accommodate the influx of young job seekers leading to shortage or in some cases the […]
• Franklin D. Roosevelt Speech on Unemployment Reaction As, I sat down to listen on the FDR’s speech over the radio, and being one of the unemployed labor in the country, I did hope that a better future was on the way.
• Corporate Downsizing: A Guide to Planning and Execution To define the extent of downsizing and the rearrangement of roles and responsibilities that will be assigned to the rest of the staff, a company’s key goals will have to be determined, including the domains […]
• Automation Impact on Unemployment Scope: The scope of the article is to analyze and overview the connection between productivity and employment figures in the US.
• How Falling Unemployment Affect College Enrollment It is common to associate the relationship between unemployment and college enrollment with the financial crisis of 2007-2008 and the Great Recession on the border of the 2000s-2010s.
• Macroeconomics: Unemployment Rate in North America Such indicators of economic development as the labor force rate and the unemployment rate are the significant aspects of state development and its policies regarding the labor market.
• Unemployment and Social Exclusion In the countries of Europe, the rate of unemployment varies between 3 and 23 percent with the highest numbers in Ireland and Greece and the lowest in Iceland, Norway, Germany, and Malta; the United States […]
• Consumer Price Index and Unemployment Rate The first issue is related to the tendency of consumers to adjust their preferences based on prices faster than the CPI can reflect, leading to inaccurate representations of the data in the index.
• Econometrics: Poverty, Unemployment, Household Income The goal of this project is to come up with a model that relates to the poverty level in the United States and the unemployment rate and total household income.
• Recommendations for Determining the Dismissal of Jessie In her complaint, Jessie argues that she has been discriminated against because of her impairment and that her supervisor did not give her a reasonable allowance to accommodate her disability.
• United States Unemployment Rates in 2013-2014 In the first four months of 2014, the rate of unemployment in the United States dropped to about 6. 3 percent, and the number of the unemployed dropped by about 1.
• Business Cycle and Unemployment The other phase is the recovery phase which occurs after the recession and is seen by a steady rise on GDP.
• Due Process and Fair Dismissal of Teachers in Texas Specifically, the due process does not explain why a teacher should be dismissed but provides the procedures that should be followed by a school to dismiss a teacher.
• Unemployment Types in Spain and the United States Firms and companies in Spain have no requirement to hire more people and this is because of the state of the economy.
• Unemployment Rates in KNPR’s “State of Nevada” The discussion concentrated on unemployment rates in the State of Nevada and its potential solutions. The unemployment rate in the State of Nevada was 12% for March.
• Unemployment and Its Social Consequences One of the impacts of unemployment that connects the unemployed individual with the social fraternity is the lost self-esteem that an individual suffers.
• Self-Reported Community Health and Unemployment Rate The initiative to increase the number of job offerings instead of spending money on health fairs and educational programs can positively affect the mental well-being of the community.
• Unemployment Values: Types and Impacts The first impact of unemployment on the economy is the extra financial costs that a government may have to incur when unemployed persons are paid some stipends.
• Unemployment and Suicide Rates Correlation in the US The problem of correlation between the levels of unemployment and suicide rates has been previously investigated in the research literature. However, the association between unemployment and suicide rates was discovered in the data collected during […]
• Foreign Direct Investment Role in Unemployment The following report explores the evidence behind the claims of both the advocates and the opponents of globalization and one of its prominent manifestations foreign direct investment to determine whether its effect could be used […]
• Unemployment as a Local Economic Issue The evaluation of these aspects is crucial to the current research for the reason that it would help highlight the weak spots of the modern employment apparatus and suggest novel ways of dealing with unemployment.
• Naked Economics: Understanding the Dismissal Science Thus, the chapter tackles the topic of the value of money, which is confusing and often misinterpreted by the public. While the topic of international trade seems to be interesting only to the specialists in […]
• The Relationship Between Fiscal Spending and Unemployment The Obama administration passed the American Recovery and Reinvestment Act of 2009 in response to the financial crisis caused by the disappearance of the $5 trillion household wealth of the country in just 12 weeks.
• Organizational Downsizing and Survival Syndrome However, in case the rate of mass lay-offs following the downsizing of many firms exceeds the number of newly opened companies, the move to reduce the size of the available workforce is said to produce […]
• Unemployment as National Economic Health Indicator Unemployment is considered a key indicator of national economic health as it directly reflects on the efficiency of government policy and the population purchasing potential. The concept of the natural level of employment in the […]
• Unemployment as a Sorting Criterion The researchers developed a study to evaluate the relationship between the length of unemployment and the stigmatization attitude associated with employers when they handle the affected job applicants.
• Unemployment Insurance Extension in the US In this way, extended UI lets them realize that they are not forgotten by the rest of society, and there is still an opportunity to find an appropriate job.
• Unemployment Insurance Policy in the United States Despite some of the efforts embraced by different communities, the issue of unemployment has continued to affect the welfare of many citizens in the country.
• Employment Status, Dismissals and Exit Interviews Secondly, the status helps to determine the obligations of the employer towards the individual, and the rights of the individual. For example, only employees may present claims of unfair dismissal by an employer and the […]
• Dismissal Meeting: The Art of Delivering Bad News Therefore, sympathy toward the employee and the recognition of the latter’s contribution to the company’s growth, as well as the acknowledgment of their professional expertise, must be viewed as the foundation for the communication.
• Policy: The Aftermath of War – Servicemen Facing Unemployment However, after retiring from their job with disabilities, the most significant issue that faces the transitioning service individuals to reintegrate effectively with the civilian society has been the need to find and cultivate organizational attachments […]
• US Teachers’ Rights, Dismissal, and Discrimination First of all, the principal violates the First Amendment since she deprives the woman of her freedom of expression and the ability to speak freely.
• Unemployment Forms and Causes: Economic Standpoint Unemployment could be defined as the state in the economy where there are many people who are willing and able to work but they do not get a chance to employ their skills to the […]
• Unemployment in Sydney: Spatial Patterns Analysis In contrast, such areas as North West Sydney or Upper North Shore that have the lowest level of unemployment and the highest level of household income.
• Unemployment in Abu Dhabi and Dubai: Causes and Solutions Various studies have concluded that there is a correlation between the level of unemployment in the country and the strength of the economy.
• Unemployment Rate as the Biggest National Economy Challenge The United States has the largest national economy and it is the largest trading nation in the world. The recent financial crisis of 2008 increased the rate of unemployment, and impacted the economy negatively.
• The Level of Unemployment Among Veterans Veterans are some of the most important segments of the USA’s population, bearing in mind that they sacrificed their lives and time to serve the nation in the past.
• The US Unemployment Benefits Evaluation The timeliness of these statistics is essential for the gauging of the labor market health and in extension, the performance in of the economy in general. The analysis of the data provides for the selection […]
• Unemployment Rate of Saudi Arabia This paper discusses the impact of unemployment on the economy of a country and explores the rates of unemployment and GDP growth in Saudi Arabia.
• Unemployment Issue in the United States Though a shrinkage in the number of vacancies and the rapid increase in the number of part-time jobs have had their toll on the unemployment rates, the lack of vacancies still remains the key cause […]
• Unemployment and State of the US Economy However, it is necessary to emphasize that the consideration of a great number of various key points at the same time is the guaranty of the efficient and prosperous economy of the state.
• Unemployment in Saudi Arabia Much effort has been in place to from the government of Saudi Arabia in order to address the question of unemployment despite the fact that the nation is full of vast deposits of crude oil.
• Men’ and Women’ Unemployment Disparity Purpose of research: This study aimed at establishing the difference in gap of the rate of unemployment between women and men during the 2007 recession.
• Unemployment and Inflation Issues In most cases, if one is suffering structural unemployment, it is as a result of improvement in a certain area, or a change in the way things are done.
• Unemployment in the United States It could be assumed that unemployment is a critical issue in the United States of America, as it has a strong impact on the society and other spheres of everyday life.
• Government’s Role in Macroeconomic Stability: The Need for Stronger Fiscal Policies The role of government in influencing the macroeconomic sphere of the economy is one that cannot be understated. One of the foremost negative effects of such fiscal policy is that the influx of government-induced money […]
• US Unemployment: Economic Analysis and Solutions In the first news article titled “The US has a Jobs Crisis: Here’s How to Fix it,” the authors use the latest statistics to demonstrate the problem of unemployment in the US, before relying on […]
• Unemployment Effects on Lithuania Individuals The reduction is attributed to the efforts made by the government to resuscitate the economy through export promotion and improving efficiency in the public sector.
• The Unemployment Situation in the United States This article reviews the current unemployment situation in the United States and the actions that the Obama administration is taking to improve the situation.
• Public Policies for Reducing Unemployment In the recent times, the issue of unemployment has taken a new dimension in the United States. After reflecting on the economic problems facing the United States, it is important to tackle the issue of […]
• Predicting Unemployment Rates to Manage Inventory 81 1949 6.1 0.04 4.74 1.32 1. 15 2000 4.0 1.82 6.
• David Jones Company’s Strategies for Downsizing Furthermore, this report looks at the procedures of downsizing and other viable options in lieu of downsizing or in the event that the strategy fails to produce the expected results.
• Reasons and Solutions for Unemployment in USA Unemployment provides statistical evidence of the economic health and performance of a Government and is defined as a count of the number of people who are not actively engaged in gainful jobs, have failed to […]
• Youth Unemployment in UK and Talent Management Challenges The economic recession that began in 2007 continues to affect a great number of U.K.businesses and one of its effects is the decrease in the number of jobs available to young people.
• Dismissal Meeting The dismissal meeting should be conducted by the immediate boss, who is usually the most conversant with the employee and the reasons for the dismissal.
• Downsizing in the U.S. Military A number of structural policies and strategies guide the military; these provide explanations on the business of the military and the values it upholds.
• Change Management Process: Downsizing and Outsourcing Managing change After defining the problem that needed to be addressed by the change to come, the management decided to appoint a steering committee of three people, including the engineering manager; the choice of the […]
• The Euro Zone’s Rising Inflation and Unemployment Rate However, the euro zone found itself in a predicament from late 2009 after the economic downturns that faced some countries in the euro zone.
• The Implications of Downsizing to the Employees, Communities and Families of the Employees This paper seeks to establish the effects of downsizing to the employees, communities and the families of the employees. Effects of downsizing on the community in general The economic effects of downsizing are not limited […]
• Unemployment Issue in Europe The European Member States should recommend the use of economic stimulus package in order to spur economic activity in the region.
• Concept of Downsizing Strategy in Business The purpose of this research is to provide a clear illustration of the impacts of downsizing on the three levels of an organization.
• Reasons for Increasing Unemployment in U.S The credit crunch that was experienced between from 2007 to 2009 greatly battered the private sector labor market and resulted in a decline in the number of people who are gainfully employed in the US.
• Long-Term Unemployment in the U.S. From the article, Seib identifies a number of issues that contribute to the problem of the long-term unemployed. This has adverse effects on the ability of such children to get employed in future.
• Unemployment in California The unemployment rate increased due to various reasons such as uncertainty arising from the slow growth in the economy, current slide in the stock market and the debt crisis from the European region, which spooked […]
• Unemployment, Labor, and Government Economic Forces The article, “The State of Economics”, is an article that discusses the turmoil between economists of the current age in trying to reconcile economic principles with both the classical and Keynesian economic theories of the […]
• Definition of Unemployment and Its Types The major limitation of the insurance programs policy is that the employees have to make regular contributions of some amount to the program.
• Unemployment in UK To analyze why unemployment is set to rise in the UK To illustrate the true level of unemployment in UK To evaluate how technology affects unemployment in UK To analyze how inflation affects UK unemployment […]
• Concept of Employee Downsizing Consequently, the article tests the hypothesis that employees with health problems before downsizing in an organization are the target of layoffs, while the health of leavers after downsizing is dependent of reemployment.
• Concept of Automation of Services and their Effect on Unemployment Increased wage rate has the effect of increasing the cost of production and since firms are in the business to make profits, they will increase the prices of their products.
• An Employee Layoff Process: Conducting the Dismissal Meeting If they fail to respect the emotions, the management might fail to control the anxiety and the fear of employees in the restructured company.
• Detrimental Effects of Unemployment on People’s Health It is necessary to note that unemployment is regarded as one of the social determinants of health discussed by Wilkinson and Marmot.
• Unemployment in New Jersey There has been a rise in the number of those employed from 143,328 in October 2012 to 143,568 in October 2013.
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• The Unemployment Reasons in the UAE In conclusion, the high unemployment rate in the UAE is a result of poor training, the influx of foreign expatriates and government failure to create more jobs for the locals.
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• Corporate Downsizing and Restructuring Challenges Concurrently, in the context of restructuring and downsizing business operations, some organisations collaborate with other organisations to attain the desired competitive advantages.
• Labor and Unemployment Rate This ensures that these people make a useful contribution to the economic growth of the country. In addition, lack of stability may also reduce the need to have children.
• Mehdi Hasan: Unemployment Matters More Than GDP or Inflation The writer is of the opinion that job creation is more important for the euro zone populace than solving the problems of inflation and GDP growth.
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• Unemployment in the US: Job Favoritism Spiggs, an official at the “Department of Labor,” insinuated that it could not be easy for the government to determine the extent of the setback.
• Unemployment Rates in the U.S. Chetty has found that 10 % increase in the UI benefits have resulted in the increase of unemployment duration by 4.8%.
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• Employee Benefits, Unemployment Insurance and Workers Compensation Employee benefits are not counted as part of salary or wages earned by the employees and are provided to the employees in exchange for their contribution towards the organization.
• Being Unemployed and the Impact of Unemployment as a Broad Issue In as much as we would like to take the issue of unemployment at an individual level, it is not possible since it touches on the society as whole and hence the need to discuss […]
• Addressing the Downsizing in America However, in 2007, the company was hit hard by the global financial crisis and one of the restructuring strategies adopted by the management was to outsource the sales department. Downsizing is the result of a […]
• Unemployment Problem in the US Millions of people experience short-term unemployment each year, which last a couple of weeks, during their switch of jobs due to the flexibility to the job market.
• Unemployment as Sosial Problem Many specialists predict that the problems are going to last for some period of time and the countries which are included in the Euro zone should try hard to remove the problem and to return […]
• Analysis of Unemployment and Inflation in the United States This was at the height of the recession that continues to grapple the country with major negative implications in the economy.
• Unemployment in UAE Unwillingness of Men and Women to Work in Certain Occupations One of the factors that have been cited as a cause of unemployment in UAE is that both men women have not been prepared to […]
• Downsizing 10 per Cent of the Staff It may seem that the most complicated task an HR manager faces is finding and hiring a new employee who will meet the requirements of the workplace and the expectations of the company.
• High Unemployment to Last for Years The best measure of unemployment is taking a sample of households, and taking the number of unemployed in that particular household and also looking at the number of people who have registered in employment agencies.
• Does Broadband Internet Reduce the Unemployment Rate?
• Can Slowly Adjusting Wages Explain Involuntary Unemployment?
• Does Culture Affect Unemployment?
• Are Early Educational Choices Affected by Unemployment Benefits?
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• Can Black Workers Escape Spatial Mismatch?
• Does Higher Language Proficiency Decrease the Probability of Unemployment?
• Are Protective Labor Market Institutions at the Root of Unemployment?
• Does a High Unemployment Rate Result in a High Divorce Rate?
• Can Google Econometrics Predict Unemployment?
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• Are Searching and Non-searching Unemployment Distinct States When Unemployment Is High?
• Does Job Search Assistance Reduce Unemployment?
• Can Insider-Outsider Theories Explain the Persistence of Unemployment?
• Does Job Search Monitoring Intensity Affect Unemployment?
• Are Unemployment Benefits Harmful to the Stability of Working Careers?
• Does Liquidity Substitute for Unemployment Insurance?
• Can More FDI Solve the Problem of Unemployment in the EU?
• Does Long-Term Unemployment Reduce a Person’s Chance of a Job?
• Are Unemployment Rates Nonstationary or Nonlinear?
• Does More General Education Reduce the Risk of Future Unemployment?
• Can National Infrastructure Spending Reduce Local Unemployment?
• Does Output Predict Unemployment?
• Did the Great Recession Downsize Immigrants and Native-Born Americans Differently?
• Does Reducing Unemployment Benefits During a Recession Reduce Youth Unemployment?
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• Does Rising Unemployment Lead to Policies of Labour Flexibility?
• Can Unemployment Insurance Spur Entrepreneurial Activity?
• Does Sanctioning Disabled Claimants of Unemployment Insurance Increase Labour Market Inactivity?
• How Can Unions Result in Higher Unemployment Rates?
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IvyPanda . (2024) '205 Unemployment Essay Topic Ideas & Examples'. 3 March.

IvyPanda . 2024. "205 Unemployment Essay Topic Ideas & Examples." March 3, 2024. https://ivypanda.com/essays/topic/unemployment-essay-topics/.

1. IvyPanda . "205 Unemployment Essay Topic Ideas & Examples." March 3, 2024. https://ivypanda.com/essays/topic/unemployment-essay-topics/.

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IvyPanda . "205 Unemployment Essay Topic Ideas & Examples." March 3, 2024. https://ivypanda.com/essays/topic/unemployment-essay-topics/.

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Epoch Times Executive Accused of Laundering $67 Million

Weidong Guan was charged with three counts in a scheme that the Justice Department said caused revenue to surge for the company, which has promoted Donald Trump and conspiracy theories.

By Ken Bensinger and Charles Homans

A top executive at The Epoch Times, a right-wing media company, has been arrested and charged with laundering at least $67 million in stolen money through company accounts in a multiyear scheme to lift financial returns.

A federal grand jury indicted Weidong Guan, also known as Bill Guan, on one count of money laundering, as well as two counts of bank fraud. The accusations say he lied to a financial institution about the source of the cash, some of which was allegedly pilfered through fraudulently obtained unemployment benefits. The money increased The Epoch Times’s revenue by nearly 400 percent in just one year, according to the Justice Department.

Mr. Guan, its chief financial officer, was arrested on Monday and the indictment, handed up on May 23, was unsealed. He entered a plea of not guilty. His lawyer, a federal public defender, declined to comment. If convicted, Mr. Guan faces a maximum sentence of 20 years for the money-laundering charge and 30 years for each bank fraud charge.

The Epoch Times is affiliated with Falun Gong, a spiritual movement banned in China, and was for years an obscure, free print newspaper dedicated largely to criticizing the Chinese Communist Party. In recent years the outlet transformed itself into a prominent supporter of Donald J. Trump and his allies on the right.

According to prosecutors, Mr. Guan ran a “sprawling, transnational scheme” over four years to buy prepaid debit cards on the internet at a discount using cryptocurrency and then deposit the cards’ money into both personal and company accounts. The debit cards were loaded with illegally obtained funds, prosecutors said, some of which was fraudulently obtained unemployment insurance benefits.

Damian Williams, the United States attorney for the Southern District of New York, said the charges represented the government’s “commitment to vigorously enforcing the laws against those who facilitate fraud through money laundering and to protecting the integrity of the U.S. financial system.”

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