...Unemployment is a major issue in today’s society. Do you know what causes unemployment? Do you know who it affects? I do, let me tell you. Unemployment effects everyone, whether it be directly or indirectly. Even if you are employed, the unemployment of people in your community can hit home. As a public relations specialist I work with people on a daily basis to try to get them the assistance they need so that they can get better jobs. There are several causes of unemployment such as recessions, disability, attitude towards employers, willingness to work, employee values, and discriminating factors in the place of work such as age, class, ethnicity, and race. All of these factors and more play a role in the unemployment in today’s society. When you see the downward spiral of joblessness if you are a business owner hire someone to help, if you have connections to great companies let someone know so that we can help decrease the unemployment rate. I hope to supply you with the causes and effects unemployment has on individuals and their families. Discriminating factors in the work place causes unemployment are very much present; it may come in many different ways. They may terminate you from your job because of your age, a lot of employers think that because you have gotten older you may not be able to perform your job as good as you did back when you where younger so they hire a younger individual to keep the work environment young and hip. Another discriminating factor...
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...The Effects of Unemployment Roderick C. LaGrone COM 150 January 28, 2011 Holly McCusker The Effects of Unemployment Over the past ten years there has been a great shift in society’s employment system. Corporate America has taken major cutbacks in the working labor department that has left many citizens unemployed and destitute. Anger and concern over layoffs, wage unproductivity, declining benefits, and the movement of jobs overseas has left citizens with harsh and undesirable views of the actions and motivations of Corporate America. With the unemployment rate on a downward slope, American citizens have become distressed which has resulted in emotional, social, and, economic hardships. Even though the unemployment rate in the decline many families are still in distress because of the social and economic problems caused widespread company layoffs. Can Corporate America offer our families a better way of life ? The unemployment rate has been on a slow decline over the past few months which indicate a slow improvement in the job market. Even though the decline is a positive indication, many companies are not hiring at an alarming rate. Based on Bureau of Labor Statistics (BLS) the number of unemployed persons decreased by 556,000 to 14.5 million in December, and the unemployment rate dropped to 9.4 percent. Over the years, these measures were down from 15.2 million and 9.9 percent, respectively. As the economy continues to slowly recover many Americans are still trying...
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...Cause and Effects on Unemployment Tyrelle Leaks English115 Prof Ludvigsen August 30, 2015 Unemployment can occurs when a person who is actively searching for a job and is unable to find work. It can also be from a person being laid off from a job. This can affect an individual and their family because you need an income to make a living. There are many reasons why someone who is able and wants to work can be unemployed. It starts with your education because without a high school diploma or GED, It’s hard to get employed. Performance issues which a person can lack the skills to perform their duties on the job. Economic condition is another reason why a person becomes unemployed. Mismatch between available workers and position to be filled can affect employment as well. Lack of experience also takes a big part of staying employed. In every society, there will always be a number of people who are unemployed. The reason why is because of the fact that there are not enough jobs for everyone. It really depends on the individual and their skills. There are many reasons on why people are unemployed. * Frictional Unemployment * Structural Unemployment * Classical or Real Wage Unemployment * Voluntary Unemployment * Demand Deficient or “Cyclical Unemployment” * Debate on Demand Deficient Unemployment Frictional unemployment occurs from the inevitable time delays in finding new employment. For example, if you graduated from college, you can’t necessarily...
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...Findings………………………………………………………………………………………………………………………………… Recommendation and Implementation Strategy…………………………………………………………………… Bibliography…………………………………………………………………………………………………………………………… Appendix………………………………………………………………………………………………………………………………. Acknowledgement They are a few persons the researcher owes a great deal of gratitude for the successful completion of this study. Firstly, the researcher would like to share her gratitude to the residence of Fellowship for their cooperation and participation. Secondly, a special thanks to the researcher’s father for his constant encouragement and for being their every step along the way. Finally, the researcher would like to thank her Social Studies teacher, Miss Raymond for her guidance throughout this study. Introduction Unemployment is a social issue that have been a plague in the community of Fellowship. This is...
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...the ill effects of unemployment, little is being done to prevent it from occurring in the future. This paper uses research from several employment training programs to help investigate what can be done to prevent teenagers and young adults from behaving unprofessionally in early jobs which could result in lack of desire to hire them in the future. Many of these studies have shown that a great deal of the issues that arise in employees are due to a lack of respect and a bad attitude. This paper proposes a set of courses be provided in the community to help better prepare teenagers and young adults for the workplace by teaching not only basic work skills but social skills as well. Blood, Sweat, and Tears or Just Little Elbow Grease? Bob gathers his courage and takes a deep breath. This is the big “make-it or break-it” moment. He walks up to the lady he has been nervous about meeting for weeks. They talk, he leaves his number, and they part ways. Weeks later, Bob is still waiting to hear back from her, wondering where he went wrong. Little does Bob know, the biggest mistake he made happened years ago. Bob was not asking a girl out on a date; he was applying for a job. Unemployment is a growing issue in America today, and unfortunately, one big reason for not being hired is past performance in previous jobs. With classes that specialize in training high school and college students for the workplace, communities can help reduce future unemployment rates. Unemployment, regrettably...
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...University of central Punjab Project title: Unemployment in Pakistan Assigned by: Rizwan Pasha Assigned to: Ali Haider 0043 Abrar Hussain 0057 Waleed Adil 0066 MBA 1-B Definition of 'Unemployment' Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed persons divided by the number of people in the labor force. Unemployment in Pakistan: It is a universal problem, even the most advanced & prosperous countries of the world like USA, Britain & Japan are confronted with this problem. As a matter of fact, it is impossible to provide jobs to all. Honestly speaking, this problem exists in our country in an alarming degree. It is a fact that one person out of ten is out of work in Pakistan. The problem is serious in our country because we have unemployment among all the sections of our society among the educated & uneducated, among the skilled & unskilled. It is most unfortunate that highly qualified & professional persons like doctors, engineers & teachers are without jobs. It is painful to see them wandering from door to door in search of jobs. Many of them have gone abroad and are serving the people of other countries. It is estimated that more than a million people are entering the...
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...Running head: UNEMPLOYMENT Unemployment 7897441758 Strayer University Economic Problems and Issues 405 Dr. Hong-Jim Kim June 7, 2009 Abstract This paper will provide you with an overview of the unemployment situation that faces our society today. How unemployment impact the family life, working class, whites, blacks, Hispanic, and other races. That doing such difficult times all areas of the job sector faces some degree of uncertainty, and this is felt by all. Doing these times we witness an increase in the number of workers out of work and the high number of job claims, which has a negative effect on our economy. What we can do to turn around our economy? Through education, health care, and coming together as a society. And what our government role should be in all of this. These factors will be looked at throughout this paper. Unemployment Skyrocketing job losses and rising unemployment remains the focus of not only America but around the world. During a time when there are stores out of work, losing their homes, and wondering how they will get their next meal or where to lay their head for the night. There is a consensus among economists that an affordable housing market along with effortless lending practices created our current unemployment and there seems to be no end in sight. With daily unemployment data released, providing figures across all ethnic groups. The impact is being felt in the African American community greater than any other ethnic...
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...patients. The main purpose of this report is to give you a better understanding of who we are as a organization and an attempt to see if you could utilize any of our services. We hope that this report will merit your approval. Respectfully yours, Betty Fulmore Table of Contents 4. Executive Summary 5. Introduction 6. Problem Statement 7. Method 8. Findings 9. Analysis 10. Conclusion 11. References Executive Summary: Give Us This Day Inc. (GUTD) is a 501 © 3 organization located in Durham, NC dedicated to finding individuals facing adverse circumstances permanent employment and social assistance. Job security is one of the key components to an individual and family’s well-being. We believe that we can change one individual, family and community at a time by giving individuals the gift of job security. GUTD partners with local business owners, churches and mentors to provide assistance and encouragement in the search for permanent employment. We recognize...
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...Effects of Unemployment Post University Augusta,Ga Efffect on Unemployment In America, 11 out of 100,000 become suicidal because of financial issue in their life. The financial issues stem from unemployment(Newsweekly Killer Economy,Jan 13, 2009 7:00 PM EST,Aurthor Unknown,Retrieved fromhttp://www.thedailybeast.com/). Unemployment has a larger effect on our economy. Other effects this came have are Crime rates increase, marital problems, health issue the education for our children are neglected and the unemployment rate is higher for certain races. Research shows unemployment has the largest effect on families(Clifford L. Broman , V Lee Hamilton, and William S. Hoffman,Retieved from http://quod.lib.umich.edu/) In a two parent home if there is one parent that is unemployed, it can cause stress for the working parent. They have to provide all necessities for the household such things as clothes, food and shelter. All bills fall on the one parent and can become very over whelming. For the unemployed parent it can also be stressful know that you cannot assist with bills or any household needs. At some point that parent will start to feel a sense of worthlessness and can become very depressed. In a situation like this fights and...
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...2014 Assignment 3.1 Strayer University Workforce Services Introduction Unemployment can impact greatly on the lives of individuals, and is a key measure on today’s economic health. The problem of unemployment is becoming more acute day by day in America. It is hard to live a healthy and normal life without money and a steady job. The impact of unemployment on an individual can affect not only the family, but society at large as well. Unemployment is caused by many factors in modern economy today, though causes of employment vary with specific regions and time. Economy imbalance in the United States is the main cause applying to all locations in the world. Some people are not able to get hired, because they either lack of education and or may not be qualified to perform the work required. In turn to be unemployment may cause an individual to experience personal, emotional, and financial problems in the long stretch. Causes One major cause pertaining to unemployment is the economic recession. According to the national bureau of economic research (nber.org) “There were 10 recessions between 1948 and 2011. The most recent recession began in December, 2007 and ended in June, 2009”. As a result of the recession, the power of the economy went down, becoming a global crisis where the rate of unemployment knew no bounds. Unemployed individuals have to go through a tight economic crunch, for the...
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...Unemployment and its Social Impact Introducing Sociology IP 1 Abstract This paper is going to explain the many issues with unemployment and its social impact. Being unemployed is hard on very many people and this paper will explain the many reason things tend to happen because someone is unemployed. Unemployment is hard on everyone in today’s society. When many people are unemployed crimes start to rise because many people feel that robbing people and stealing food from stores is the only way they are able to survive and by doing this many people do not realize they are not the only ones being hurt by their actions. I am a full time college student who is unemployed and this is very hard for me especially being a young lady who wants things. Luckily I have wonderful parents who are willing to help me as long as I continue to do the right thing and stay in school. Being unemployed has a major impact on the society. Having high unemployment rates means that pay rates will be down because there is a higher number of people that are competing for the same type of jobs because they have no option (Sims, 2004). Unemployment also has an affect on the youth as well. Having youth who are unemployed creates a higher reliance on many social programs such as food stamps and welfare. Society impacts the things that go on around myself and other people. Unemployment affects things such as compensation for the FASFA, and the price of food (Algrem, 2008). Stress is a major...
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...Unemployment in Today’s Society Unemployment is a terrible thing, but unfortunately it is an everyday normality. There are plenty of reasons why someone ready and able may be without a job. Every action comes with a consequence however; the causes and effects of unemployment are very potent in life. For example, an individual may lack the proper skills for the hand at task so their job will be terminated. The same goes for if they are absent often or late; that will not be tolerated. A person is considered unemployed if they are fired from their job due to budget cuts and they are in waiting to get their job back. As well, there may be an abundance of workers but not enough jobs to match; or the mirror opposite may occur; there are plenty of jobs but workers do not have the right skills or experience to work for the job. Either way, unemployment will begin to rise steadily, and this will not help the world’s economy get better. Younger individuals tend to have more issues finding jobs, and this aids the unemployment; the younger individuals usually have lack of experience and then they cannot find jobs; in turn they cannot earn the proper experience to receive better jobs. With the younger generation not being able to find jobs, they tend to turn to the streets in a negative way, stealing, become drug dealers and users, alcoholics, etc. Individuals lose their income if businesses close down, if businesses are declared bankrupt or individuals are too sick to work. Wrong investment...
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...The Key Concepts in Economics “Unemployment & Our Economy” Zarina Gilchrist Professor Denalane, Economics 100 November 20, 2015 Upon doing my research, I viewed several different articles about our economy and the effects in the United States. The articles I read in USA Today & Buzzle, discusses several different areas of our economy and lack of growth such as our Fiscal Crisis, Unemployment, Outsourcing, Reduction In the Output, Reduction in Tax Revenue, Rise in Government Expenditure, and Iraq and Afghanistan Wars. In my paper, I will discuss unemployment. I will elaborate on its types, the causes and effects on our economy and the consumer. According to the definition of unemployment according to Investopedia states, unemployment occurs when a person who is actively searching for employment is unable to find work. It also states, unemployment is often used as a measure of health in the economy. The most frequently cited measure of unemployment is the unemployment rate. This is the number of unemployed persons divided by the number of people in the labor force. The U.S. economy has slowed significantly in the recent years. According to an article from USA Today, the unemployment rate dipped to 5.1%, the lowest since April 2008, when the jobless rate was 5%, according to data from the U.S. Bureau of Labor Statistics. The economy created 173,000 new jobs last month. Many would tend to believe that the uncertainty of the future economy has been an...
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...Macroeconomics in Unemployment Kimberly G Business, Government & the International Economy January 23, 2013 Abstract Macroeconomics in Unemployment With the economy struggling unemployment is a term that we have come to hear far too often over the past several years. Everywhere you turn millions of people are struggling to find some type of work. Those that are jobless find often themselves losing their sense of self respect, purpose, and income. Many of them will have their homes and cars repossessed. Sadly enough it is not just the individuals themselves that are hurt, their families also struggle along with them. Many people in today’s society think that unemployment does not affect them. The sad truth is that unemployment affects everyone on several different levels. The government is affect by benefit to be paid out and loss of tax earnings, businesses are affected by less spending, the unemployed face loss of ability to survive, and in general every working individual has to pick up the expenses through their taxes (McClelland & Macdonald, 1998). What is Unemployment and The Causes To understand how unemployment affects society one must first understand what defines a person as being truly unemployed. Unemployment is defined as when individuals do not have a job and they are able, willing, and seeking some form of work (Tucker, 2001). Not everyone that does not have a job is included in the unemployment numbers. Some of these people include full time students...
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...on an annual basis. GDP measures a nation's productivity. GDP does not necessarily reflect a relative standard of living. Real GDP Real GDP expresses GDP in terms of base-year prices. A base year is the first in a mutually agreed upon series of years. Price level indexes in the base year are assigned an arbitrary value. Price levels in subsequent years in the series are expressed in values relative to the base year. This process provides for a more meaningful comparison of one year to another within the series. Nominal GDP Nominal GDP refers to the raw data produced by annual GDP calculations. These data are not adjusted for inflation. Because of the effects of inflation on economic indexes, nominal GDP does not accurately reflect changes in GDP compared to previous years. Unemployment Rate The unemployment rate reflects the percentage of the population that is able and willing to work and is looking for work, but is unable to find work. Inflation Rate The inflation rate is the rate at which the price of goods and services rises. Increasing inflation decreases the value of currency, which decreases buying power. Interest Rate An interest rate is the charge to a borrower for the use of an asset, usually money, expressed as a percentage of the principal. Interest is charged to compensate for the lender’s loss of use of the asset. A low-risk borrower will usually be charged a lower interest rate than a high-risk borrower. The...
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