This document discusses unemployment and its causes. It defines unemployment as when capable and willing workers cannot find employment. It identifies four main types of unemployment: frictional, structural, cyclic, and seasonal. The main causes of unemployment are identified as overpopulation, lack of education, rising education costs, and rapid technological change. The document concludes that controlling population growth, providing good education, and addressing technological impacts could help reduce unemployment.
3. INTRODUCTION
• Unemployment refers to a situation in which the
workers who are capable of working and willing
to work do not get employment.
• The term unemployment refers to a situation
where a person actively searches for
employment but is unable to find work.
9. CAUSES OF UNEMPLOYMENT
KEY POINS
• OVER POPULATION
• LACK OF EDUCATION
• RISING EDUCATON COST
• RAPID TECHNOLOGICAL CHANGE
10. OVER POPULATION
• It causes more competition for
employment. Not only does
increased competition for work make
it tougher to find a job.
• the ratio of workers to the total
population increases. The result is
that with an increase in the labour
force, unemployment and low
employment increases.
11. LACK OF EDUCATION
• By being well-educated and holding
a GOOD degree, you increase your
chances for better career
opportunities and open up new
doors for yourself.
• Unemployment is tightly linked to
poverty. People who lack
education, or who only finished
primary school often work poorly
paid jobs, or struggle to find any job
whatsoever.
12. TECHNOLOGICAL CHANGE
• the introduction of new technology
into the economy. It can be caused
by the replacement of workers by
machines or the automation of
tasks that were once done by
workers.
13. CONCLUSIONS
• If problem of unemployment is
solved it will help in the development
of country.
• We should must control on
population growth to avoid
unemployment.
• We should provide good education
level to avoid this problem.