This document discusses unemployment, defining it as a situation where capable and willing workers cannot find employment. It outlines the main types of unemployment including frictional, structural, cyclical, and seasonal unemployment. The causes of unemployment are then explained as factors like high population growth, lack of job opportunities, and slow industry development. The costs of unemployment are explored at both the individual level, such as financial hardship and health issues, and societal level, with lower overall production. Methods for measuring the unemployment rate are also presented. Finally, some potential solutions to reduce unemployment like encouraging small businesses and reorienting education policy are described.
UNEMPLOYMENT- A DISGUISED THREAT TO SOCIETYB Avinash
Here, it is a brief presentation regarding what is unemployment and how it may be a threat to our society at our unknowingly. Thank you for reading it.
What is 'Unemployment', The Major Types of Unemployment, Main Causes of Unemployment in India, Suggestions to Solve Unemployment Problem, steps Taken by Govt. to Increase Employment in India
The contents include;
Defining unemployment
key points
types of unemployment
measuring unemployment
effects of unemployment
reducing unemployment
unemployment in Pakistan
causes and effects of unemployment
solution of unemployment
impacts of covid 19 on unemployment
UNEMPLOYMENT- A DISGUISED THREAT TO SOCIETYB Avinash
Here, it is a brief presentation regarding what is unemployment and how it may be a threat to our society at our unknowingly. Thank you for reading it.
What is 'Unemployment', The Major Types of Unemployment, Main Causes of Unemployment in India, Suggestions to Solve Unemployment Problem, steps Taken by Govt. to Increase Employment in India
The contents include;
Defining unemployment
key points
types of unemployment
measuring unemployment
effects of unemployment
reducing unemployment
unemployment in Pakistan
causes and effects of unemployment
solution of unemployment
impacts of covid 19 on unemployment
This revision presentation for business students introduces the concept of the economic cycle. GDP, consumer spending, business investment are described as are possible business strategies that are adopted during an economic downturn.
This power point presentation will describe about the Concept Of Employment , Kinds Of Employment , Causes of Unemployment In India, Steps to reduce unemployment and Government Policies measures to reduce unemployment
Unemployment Problem & Solutions : Bangladesh Tourism ProspectFazlea Allahie
Unemployment Problem & Solutions: Bangladesh Tourism Prospect
If you want this copy of the document please contact send an email to the following id: fazleaallahie@gmail.com
Managing Employee Moonlighting in the Future of Work and Era of the gig EconomyOlayiwola Oladapo
Across the Globe the phenomenon of moonlighting is on the rise. Though an ancient practice, the emergence of the gig economy has brought moonlighting to the front burner of global development discourse. Moonlighting is known by different labels like Side Hustle, Private Practice, Side-gig, Side-hustle etc.But regardless of what name it is called it speaks to people doing more than one job for different reasons. In other words, they freelance on a secondary job, in addition to their primary job. In the US, the freelance workforce grew from 53 million in 2014 to 55 million in 2016 and represented 35% of the U.S. workforce. The freelance workforce earned an estimated $1 trillion in that year. The freelance or gig economy is a booming one across the globe though many nation states are actively not tracking data around it. There is therefore an urgent need for an understanding of the emerging moonlighting dynamics and deliberately articulated framework for dealing with moonlighting in the future of work. This piece attempts at triggering the conversation around it to guide all key stakeholders in building management proficiency in dealing with it as an inevitable feature of the Future of Work, the Workplace and the Workforce.
3. UNEMPLOYMENT
Unemployment refers to a situation in which the
workers who are capable of working and willing
to work do not get employment.
Unemployment has grave & harmful
consequences both for the individual & Society.
Production is low to extent that available labour
does not make any contribution to it. Poverty is
the direct result of the lack of opportunities for
employment & LOW LEVEL of production. A
significant number among the unemployed are
educated, causing additional wastage of the
investment made in their skill & TRAINING WHICH
are not put to use.
5. Frictional
unemployment
Frictional unemployment occurs when
a worker moves from one job to another.
It is a result of imperfect information in the
labor market, because if job seekers
knew that they would be employed for a
particular job vacancy, almost no time
would be lost in getting a new job,
eliminating this form of unemployment.
6. Structural
unemployment
Structural unemployment arises when
the qualification of a person is not
enough to meet his job responsibilities.
Conversely, structural unemployment
arises when the salary offered to a
person falls short of the minimum wage
that can be paid for the concerned
job.
7. Cyclical
unemployment
Cyclical or demand deficient
unemployment occurs when the
economy is in need of low workforce.
The demand for labor increases with the
economy in the growth phase. Again,
when the economy passes through
depression, demand for labor
decreases and the extra workers are
released as the unemployed labor
force.
9. Causes of
unemployment
High Population growth.
Absence of employment opportunities.
Seasonal Employment.
Joint Family System.
Increasing turnout of students from Indian Universities.
Slow Developing of Industries.
Insufficient Rate of Economic Progress.
10. Costs of
unemployment
Individual :Unemployed individuals are
unable to earn money to meet financial needs.
Failure to pay installments or to pay rent may lead
to homelessness through eviction. Unemployment
increases chances of malnutrition, illness, mental
stress, and loss of self-esteem, leading to
depression.
11. Society: An economy with high unemployment is
not using all of the resources, i.e. labor, available to it. Since it
is operating below its production capability, it could have
higher output if more people are usefully employed.
However, there is a difference between economic efficiency
and unemployment: if the frictionally unemployed accepted
the first job they were offered, they would be likely to be
operating at below their skill level, reducing the economy's
efficiency.
12. Measurement
Economists typically focus on the unemployment rate. The
unemployment rate is expressed as a percentage, and is
calculated as follows:
Unemployment rate=unemployed
worker/total labor force*1oo
As defined by the International labor organization, "unemployed
workers" are those who are currently not working but are willing
and are able to work for pay, currently available to work, and
actively searching for work
13. Solutions
A Change in the pattern of investment
Encouragement to small enterprises as against big
enterprises
Problem of Choice of technique
Encouragement of New Growth Centers in Small
Towns and Rural Areas
Subsidies on the Basis of Employment
Reorientation of Educational Policy