Essays on Unemployment

There are many types of unemployment, one of them is clinical employment is where individuals lose their jobs as a result of the decrease in demand.  There is also demand deficient unemployment, which is caused by insufficient demand, which could generate the required level of employment in a country. Structural...

Unemployment is a situation whereby aspects of manufacture are willing and are capable of being hired at the governing market wage rates but are compulsorily unutilized or underutilized.   The number of unemployed individuals will depend on the price of expansion of work opportunities which in turn depends on the level...

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 Philippines is based...

Employment and unemployment are very critical economic indicators. Therefore, it’s crucial to understand how the figures for unemployment are obtained and assessed. Thus, there is need to figure out which people are termed as unemployed. In the UK the ONS quotes the unemployment figures after every three months which is...

Unemployment entails a situation whereby a section of people in an economy’s work force who have the capacity and the will to work but they lack jobs. It is expressed as a percentage of an entire work force. It is calculated as a ratio of the number of unemployed people...

A social problem is a condition that is deemed to have negative effects on individuals and the social world. Sociologists have used various theories to come up with a sociological perspective of social problems including unemployment (Loseke, 2017). This paper will explore the theory of social construction and sociological imagination...

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 goods and services hence making...

Being in a condition of scarcity, or not having enough possessions, is what is meant by the complex concept of poverty. Most often, poverty in a particular area is defined as a condition in which people make less than $2 per day. For instance, the Census Bureau's 2017 estimates for...

According to a CNBC story, the US weekly jobless claims were 232,000, compared to 240,000 predictions (CNBC, 2017). This study implies that the number of Americans filing for unemployment benefits has decreased in six months, and the data further demonstrate the tightening in the labor market, prompting the Federal Reserve...

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...

Jericho seeks to end the issue over unemployment figures in this post by referring to an article authored by Adam Creighton. According to the report, unemployment data is viewed as dishonest and misleading because it does not cover all unemployed Australians. This idea has been echoed by US President Donald...

The economy is characterized by high unemployment, low inflation, and low aggregate demand during a recession. Expansionary fiscal and monetary policy tools can be employed to lift the economy out of a slump and stimulate economic growth by increasing aggregate demand. Expansionary policy instruments are successful at increasing disposable income...