Unemployment in the Philippines Unemployment is a major issue that influences a nation's politics. The statement about unemployment in the Philippines attracts many political views. The unemployment rate in the Philippines is high because of the unavailability of jobs to be offered to people. The growth of unemployment rate in the...
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Unemployment and its Effects on Society Unemployment represents a situation where an individual is willing to work but has none. Unemployment has many effects on the society. These impacts can be mental, physical, and economic. Unemployed people usually tend to have less money to spend and are unable to buy some...
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Every month, the US Bureau of Labor Statistics calculates the unemployment rate in the United States. The Bureau of Labor Statistics used data from the U.S. Bureau of the Census's Current Population Survey (CPS), which covers 60,000 members of the civilian population over the age of 16. (Marthinsen 73). The unemployment...
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Homelessness is a serious societal issue that affects most nations and has been becoming worse over time. The main causes of the issue may be institutional, personal, structural, and interpersonal. Increased rates of unemployment, rising levels of poverty, and the current economic crisis all contribute to these concerns. Due to...
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During difficult economic times It is normal for the government to invest more than it earns. As a consequence, there is a deficit or debt. As a result, drastic budget cuts are implemented around the board, impacting the whole region. A loss like this happens as unemployment rises, causing a drop...
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Australia's Youth Unemployment After the Great Recession, unemployment has risen. Underemployment and long-term jobs have also risen. Young people have done worse in the labor market since the Global Financial Crisis (GFC) than the older population. In Australia, youth unemployment and NEET rates have appeared to be lower than in much...
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Long-term unemployment Long-term unemployment occurs when a person is out of a job for 27 weeks or longer. To be listed as such by the Bureau of Labor Statistics, one must have successfully found jobs in the preceding four weeks. 1 (Kimberly Amedeo) The causes of long-term unemployment The following article attempts to...
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Explain two misconceptions created by some people about trade Including trade is a zero sum game and trade is also responsible for increased US unemployment, two myths some people are making regarding trade. Trade includes trade between two or more countries in goods and services. One country exports to...
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The Impact of Minimum Wage Increase in California The California legislature exceeded a minimum wage increase which warrants that by 2023, the minimal wage will be $15 an hour. It could be perceived as a positive move for the employees but the outcome, in the long run, will be hurting because...
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