...Unemployment Problem and Its Causes Based On 2007 Economics Report of Bangladesh. Unemployment Problem and Its Causes Based On 2007 Economics Report of Bangladesh. Prepared for SHAMIM EHSANUL HAQUE Course Instructor BUS: 201 Prepared by SAIMA AFREEN (06304018) HUMAIRA NAZIA (07204013) ZOBAIDA MAHBUB ZEFRY (07304026) A.A.M SHAHRIAR HASAN KHAN (07304038) QUAZI MOFFAKKAR HOSSAIN (073040 Section: 01 Date of submission 4th December, 2008 MEMORANDUM To: Shamim Ehsanul Haque From: Saima Date: December 4th, 2008 Sub: Submission of the report titled Unemployment Problem and Its Causes. In accordance to your advice here is the report on “Unemployment Problem and Its Causes” that we are submitting on 4 December, 2008 which was assigned during the last part of semester Fall 08. To serve our purpose, we have followed standard research methodology to extract our findings. We have applied sophisticated analysis techniques to get consistent and sound output. As per the direction of yours, we have tried our best to highlight our findings through applying our acquired concepts and models. As a BBA student we appreciate having this assignment. We sincerely hope this report will fulfill the requirements for the course of Business Communication. Thanks for giving us the opportunity to work on this assignment. It’s...
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... Lim, Group I As youth unemployment increases back towards the psychological one million mark as of March 2013 (Evans, 2013), there has been considerable debate among the public and the government on the reasons behind increasing youth unemployment. This essay will aim to decipher the reasons behind high youth unemployment figures and its repercussions on the state. It will accomplish this by first defining and explaining the types of unemployment and the ways in which it is measured. It will then discuss the plausible reasons followed by evaluating the effectiveness of solutions that are currently being implemented or proposed. Lastly, it will provide a value judgement on the consequences that might occur should high youth unemployment remain. Unemployment is defined as the ‘number of jobless people who want to work, are available to work, and are actively seeking employment’ (Gillespie, 2007, p.347). As of January 2013, unemployment stood at 7.8% (BBC, 2013) marking a downward trend since October 2011. Within unemployment, there is youth unemployment, defined as the ‘percentage of unemployed young people (16-24) in relation to every young person who is active in the labour market’ (ONS, 2013). As of March 2013, youth unemployment stood at 21.2%, a rising trend since August 2004 as depicted in figure 1 (Evans, 2013). Source: The Guardian, 2013 Figure 1 There are two methods of measuring unemployment from which youth unemployment figures are derived. The Claimant...
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...Social Integration (Unemployment) Name Professor SOC 100 1/24/2014 Challenges of Social Integration (Unemployment) Unemployment is a situation whereby there are people in the society with the desire to work, but without enough jobs for everyone. Presently, unemployment is amongst the biggest problems that affects many countries globally. Unemployment is caused by numerous challenges. One of the reasons that lead to unemployment is that numerous people are dissatisfied with their salaries. This is a feeling that many people undergo because they feel they are not earning enough money for their work. In turn, they prefer taking unemployment benefits instead of taking up any job. Another reason is because presently there are few companies in most of the countries. In every society there must be people who are unemployed. There are various different types of unemployment, which include hard-core, structural, seasonal, frictional and cyclical. Statistics about unemployment around the globe are numerous. Several researchers gained interest of understanding the challenges behind unemployment. For instance the United States, there is financial crisis and ensuing deep recession associated to the sharp increase of unemployment. The U.S. unemployment rate peaked at 10.1% in October 2009. By looking at the adjustment of changes in demographic composition of the labor force, it is evident that this is the highest rate of unemployment ever witnessed since...
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...STUDY 1.0 Introduction. This chapter presents the background of the study, statement of the problem, purpose of the study, objectives of the study, research questions to the study, justification of the study, scope of the study and significance of the study. 1.1 Background to the Study. Wobst (2013) noted that there are 1.2 billion young people in the world estimating that the youth make up 18 percent of the global population, 25 percent of the total the working age population, about 90 percent of the young people from developing countries where around half of the total population living in rural areas. Holden (2013) noted that young people aged between 18-25 years represent more than 60 percent of the continent’s total population account due to high fertility rate estimated about 133 million young people in Africa. Wobst (2013) noted that 25 percent the highest average annual population over the last ten years was registered in sub- Saharan Africa amongst the youth in rural areas. Ezewu and Ibukum (2012) noted that unemployment amongst the youth in Africa was caused mainly by illiteracy, inadequate skilled man powering the labour market thus exclusion from production, economic, social development in the continent. Holden (2013) also noted that Senegal, Uganda, Zimbabwe and Liberia are amongst the African countries most affected by youth unemployment. In East Africa, the youth in the region are also becoming better educated but less productivity is benefited their countries...
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...Question: identify public policy problem and propose a policy to address it Introduction Definition: According Wikipedia Public policy as government action is generally the principled guide to action taken by the administrative or executive branches of the state with regard to a class of issues in a manner consistent with law and institutional customs. Other scholars define it as a system of "courses of action, regulatory measures, laws, and funding priorities concerning a given topic promulgated by a governmental entity or its representatives." Public policy is commonly embodied "in constitutions, legislative acts, and judicial decisions." Unemployment as a public policy problem In Kenya one of the public policy problems is unemployment. Unemployment in Kenya is where persons, who are able to work, are actually seeking jobs, but are unable to find work. According to the Ministry of Youth and Sports, there are nearly 2.5 million unemployed youth, and barely 125,000 are absorbed annually into formal employment. Some have referred to the problem as a ‘ticking time bomb’ saying the number of unemployed youth could rise to 14 million over the next seven years the causes of unemployment in Kenya rage from Government corruption to poverty, to lack of proper infrastructure but I think the cause of the high unemployment is Our Education system. Our education system is very academic. Our children go to school on Saturdays as young as standard 2, a standard 7 pupil wakes up...
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...GDN Working Paper Series Education, Training and Youth Unemployment in Kenya Joy Kiiru, Eldah Onsomu and Fredrick Wamalwa Working Paper No. 26 October 2009 About GDN The Global Development Network (GDN) is a leading International Organization of developing and transition country researchers and policy and research institutes promoting the generation, sharing, and application to policy of multidisciplinary knowledge for the purpose of development. Founded in 1999, GDN is now headquartered in New Delhi, with offices in Cairo and Washington DC. This Working Paper has been prepared within the GDN’s Global Research Project Institutional Capacity Strengthening of African Public Policy Institutes to Support Inclusive Growth and the MDGs. The project has been fully funded by the United Nations Development Programme’s (UNDP) Bureau for Development Policy (BDP) and Regional Bureau for Africa (RBA). The views expressed in this publication are those of the author(s) alone. © GDN, 2009 2 Education, Training and Youth Unemployment in Kenya Joy Kiiru, Eldah Onsomu and Fredrick Wamalwa 1 Abstract Young people in Kenya constitute 30% of total population while youth unemployment constitutes 78% of total unemployment. In nearly all developing countries the rate of urban unemployment in the 15-24 age group is at least double the rate of all other age groups. These high rates of urban unemployment in this age bracket are also seen in developed countries, although the rates are far lower than...
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...Causes of unemployment in Botswana Lack of economic diversification Unemployment is caused by lack of economic diversification. Botswana is mainly dependent on mining sector, it is failing to equip other sectors that would assist in solving unemployment. Though economic diversification is considered as one of the strategies to solve unemployment is not happening for example Botswana embarked on privatization, it did not succeed. Privatization of Air Botswana and Botswana Meat Commission failed, but if such initiatives do not succeed then there is no employment creation. Increased rates of business failure Public enterprises which are supposed to create employment in Botswana are not performing well. From the 2014/2015 Botswana Budget Speech,...
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...Research proposal Title: The role of cobblestone on youth unemployment reduction in Adigrat city Adigrat UniversityCollege of Business and Economics Department of Management/ MBA by Amanuel Teklu Aregawi teklu Dawit Hagos Berihu Gebremeskel 1.INTRODUCTION Cobblestones are small, chiseled rectangular stones formerly used to cover road surfaces ,typically either set in sand or similar selected material, or are bound together with mortar. Paving with cobblestones allows a road to be heavily used all year long and not getting muddy in wet weather or dusty in dry weather. Cobblestones set in sand have the environmental advantage of being permeable paving, and of moving rather than cracking with movements in the ground. INTRODUCTION con’t It was in early 2005 that the concept of using cobblestones to construct roads was first introduced to Ethiopia. Faced with fast-growing cities, inadequate urban infrastructure, and a large youthful population in need of employment, the Ethiopian Government turned to an innovative solution: Cobblestone road production throughout the country, driven by community participation and local materials. In recent years, cobblestone road creation has become one of the most successful infrastructure and job creation programmes in the country, with tremendous benefits for the urban poor. It has created hundreds of thousands of jobs, greatly improved urban mobility, and built collaborative relationships between communities and local...
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...Research proposal Title: The role of cobblestone on youth unemployment reduction in Adigrat city by -Amanuel Teklu Aregawi teklu Dawit Hagos Berihu Gebremeskel Adigrat UniversityCollege of Business and Economics Department of Management/ MBA 1.INTRODUCTION Cobblestones are small, chiseled rectangular stones formerly used to cover road surfaces ,typically either set in sand or similar selected material, or are bound together with mortar. Paving with cobblestones allows a road to be heavily used all year long and not getting muddy in wet weather or dusty in dry weather. Cobblestones set in sand have the environmental advantage of being permeable paving, and of moving rather than cracking with movements in the ground. INTRODUCTION con’t It was in early 2005 that the concept of using cobblestones to construct roads was first introduced to Ethiopia. Faced with fast-growing cities, inadequate urban infrastructure, and a large youthful population in need of employment, the Ethiopian Government turned to an innovative solution: Cobblestone road production throughout the country, driven by community participation and local materials. In recent years, cobblestone road creation has become one of the most successful infrastructure and job creation programmes in the country, with tremendous benefits for the urban poor. It has created hundreds of thousands of jobs, greatly improved urban mobility, and built collaborative relationships between communities and local...
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...4. Identify the causes of youth unemployment in a country of your choice and evaluate the government policies used to reduce this problem. Introduction The issue of unemployment has been in great focus since the Great Recession took place in 2009. It is one of the leading costs to the economy in terms of inefficient production, but social costs such as monetary inequality, crime rate and poverty must be taken in account as well. Fig 1: Eurostat, 2012, http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home/ Being one of the most severely influenced by the crisis above all EU countries, Spain has a staggering 20% overall unemployment rate and 50% of the amount are youth. (Sinitsky, 2013) The reason for this astronomical rate is indefinite, but it could be instigated by the poorly reformed welfare system, improper allocation of governmental resources and even organizational concerns in the labor market. The reason to discuss about Spain as it is interesting to see a boom in international trade revenue but a disastrous unemployment rate. This essay will then focus on the phenomenon of youth unemployment in Spain and make an attempt to critically evaluate two government policies to reduce the problem. Causes of Youth Unemployment in Spain According to Pablo Miguel, the Spanish youth are suffering from a structural problem as identified by their government, “rooted in causes which go beyond the current economic crisis” (Miguel, 2013) which resulted in a high sensitivity...
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...What are Social Problems (a) Generally, a problem is a social condition that has negative consequences for individuals, our social world, or our physical world. If there were only positive consequences, there would be no problem. A social problem such as unemployment, alcoholism, or drug abuse may negatively impact a person’s life and health, along with the well-being of that person’s family and friends. Problems can threaten our social institutions, for example, the family (spousal abuse), education (the rising cost of college tuition), or the economy (unemployment and underemployment). Our physical and social worlds can be threatened by problems related to urbanization and the environment. It has to be noted that social problems need to seeing as interconnectedness of the problematic issues under study. Social problems should not be viewed as a separate issue to be solved independently from others. We need more than one theoretical approach in studying social problems. The study of social problems develops an appreciation for the complexity of social problems and why divergent perspectives are required in order to analyze so many different issues. You may not just look at Child defilement or unemployment as a single social problem because at some stage they tend to have linkages for a certain trait to continue escalating Second, a social problem has objective and subjective realities. A social condition does not have to be personally experienced by every individual...
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...IV. Unemployment among Indian youth: An overview The preceding review of the Indian efforts at formulating the policies to mitigate youth unemployment has highlighted the difficulties of attacking the problem in a continental country. It has indicated that it is difficult to obtain precise estimates of the number and proportion of the youth in the country and the level of unemployment among them. The widespread errors of age reporting, which result from the high level of illiteracy and the lack of awareness about the date of birth, are a serious problem. (a) Facts of the Situation There are marked differences between estimates of the number and proportion of youth based on the decennial censuses and the sample surveys, as well as the Sample Registration System. The projections made by different agencies such as the Office of the Registrar General on behalf of the Planning Commission and the United Nations also differ with respect to the number and relative share of the youth in the population. However, according to the best national estimates, the youth formed about 18.5 to 19 percent of the national population in the early 1990s, and numbered about 159 million at the time of the 1991 Census. Over 53 percent of them (85 million) were in the labour force. By 2001, the number of youth is projected to rise to 212 million, and the number of youth in the labour force to 107 million (almost 23.6 percent of the projected total labour force of 453 million). The data...
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...standards. Kuwaiti society is facing a major issue which is a high unemployment rate that is caused by the huge growth of population. This problem creates jobless to the Kuwaiti youths and most of the fresh graduates stay without finding a job for a long period of time. This essay will examine the current general situation regarding Kuwait youth employment. Also, it will look at the problem as well as the solutions to the current state. The current situation is Kuwaiti population is increasing significantly while there are not enough jobs that meet this growth which leads to a high unemployment rate especially for the youths. Moreover, fresh graduates can’t find jobs easily these days due to this growth and the economic structure for the country as well. In addition, in Kuwait, there is a huge depend on a foreign labor instead of Kuwaiti young citizens (Al-Tameemi, 2014). Also, the private sector does not play a major role for providing new jobs for the Kuwaiti youths in order to reduce the unemployment rate. “It is now time for the concerned authorities in the country to rethink the educational strategy and policies to meet the demands of the growing population of Kuwaiti youths” (Al-Tameemi, 2014). Moreover, in Kuwait, there is no strategic plan for Kuwaiti youth graduates in order to meet the huge growth of population. (Al-Tameemi, 2014). The desired state is to reduce the unemployment rate in Kuwait especially the youths and the market absorbs most of these young Kuwaitis. In addition...
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...An account of UK unemployment over the past 5 years Unemployment is a widely discussed problem, especially in recent years when the rate of unemployment has grown rapidly, mainly because of the global financial crisis of 2007-2009. The loss of a job is probably one of the most distressing events that could occur in the overall economy and in a person's life. This is a change not only in an economic sense, but in a psychological too. People inevitably depend on their earnings and a job loss in many cases means that they will not be able to maintain the same standard of living as before. Furthermore, the notion of future hardships has a great impact on the personality, as his or her common habits so far have to be somehow modified to suit the new lifestyle, based on the new income. This often leads to a psychological instability, triggered by a lowered self-esteem, and moreover, a decrease in morality levels which is the main reason why crime rates among young people are higher in the past five years. Apart from the impact on a personal level, there are some inevitable issues from an economic point of view, which derive from high unemployment and which inevitably affect the national economy. As we all know, the economic conditions of the country are absolutely vital to the ratio of unemployment. Every single event that has had an impact on the overall economy has affected the employment rates, whether positively or negatively orientated. It is of great importance...
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...3. Youth employment and unemployment in Sri Lanka…………………….7 4. Policies for youth unemployment……………………………………….11 Supply side: improving human capital Education and training Guidance and counseling Job placement and labor mobility Demand side: creating job opportunities Job creation and public work Job prospects for youth in information economy Promoting self-employment and supporting small enterprise 5. Conclusion………………………………………………………………20 6. Bibliography…………………………………………………………….21 Introduction Out of all the precious resources of our country, the most important resource is the human resource. Let me give you some figures: Sri Lanka’s population is 19.7 million and it is expected to increase up to 22 million during the next 10 years. Our labour force is 8 million. Young men and women in Sri Lanka account for 18.5 % of the population. Unemployment rate of the country at present is 7% and of which youth unemployment between ages 16-24 is 22%. Sri Lanka for decades is facing major challenges in providing employment and meeting aspirations of the youth. Economic policies during the past few decades have contributed to the economic growth, at present it is 6.5 - 7%. However, benefits of growth have not reached many segments of the population and sufficient domestic entrepreneurship development has not taken place among the youth. Lack of entrepreneurial culture of the youth and thus queuing for public sector employment is the present day scenario. Youth unemployment...
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