OUTLINE 1.What is Unemployment? 2.Causes of Unemployment 3.Kinds of Unemployment NaturalRate of Unemployment FrictionalUnemployment StructuralUnemployment CyclicalUnemployment 4. Unemployment in Turkey 5.HowtoAvoidUnemployment: “LIFE” 6. YourQuestions
What is Unemployment? The state of being unemployed or not having a job. “Unemployment is a serious social evil“. “ The rate of unemployment is an indicator of the health of an economy“. Today, unemployment is the major crisis worldwide.
Whywehaveunemployment... NaturalRate of Unemployment Information is costly, searching for a job (there’s no way to prevent it) Natural unemployment contains some of each of these (frictional and structural)
Whywehaveunemployment... 1.FrictionalUnemployment It just took time to do so…
Whywehaveunemployment.. . 2.StructuralUnemployment If a person looks for a job, but discovers his skills don’t match what employers are looking for (so he stops his job search to get retrained).
Whywehaveunemployment.. . 3.CyclicalUnemployment It is unemployment due to ups and downs in the economy….
Unemployment in Turkey Today in Turkey, unemployed people existexcess of 15 millionand the crisis hit the youth more than it hit the adults. Unemployment is one of the country’s primary problems.
HowtoAvoidUnemployment in Turkey? The national employment strategy aims to increase the employment rate and formulate the structure of employment, according to Ali Babacan. The government was cooperating with the private sector. State Minister for the Economy of Turkey, Ali Babacan
What can you do toavoidunemployment? LIFE is an acronym for what I, and many others, consider the 4 key skill sets to thrive in 21st Century future careers. (BySteveLatter) Leadership Interpersonal skills Flexibility Emerging technology mastery