As for the economy, the higher youth unemployment rate, the lower the tax revenues and productivity. When considering the society, political unrest and anti-social behaviour caused from unemployment among youth resulting social instability (Mascherine, Salvatore, Meierkord and Jungblut). On this occasion, both the academic circles and government sector increase awareness of youth jobless problem. Numerous studies and researches on addressing and improving the situation had been established, especially after the Great Recession. On the other hand, many organizations and government devote in tackling youth jobless rate, for example, UK government took steps in raising participation in education and Portugal devoted in reforming the labour market,
According to a recent Wall Street Journal column, young graduates face the bleakest odds among all jobseekers, as their real unemployment rates hover near 17 percent. The Unemployed College Graduate’s Survival Guide, young adults are unemployed at nearly double the rate of older Americans, and their incomes have declined much faster than the national average. A recent government report on “Unemployment Among Young Workers” shows the highest rate of unemployment ever recorded for this age group while the U.S. Bureau of Labor Statistics indicates that the jobless rate for younger workers with a college degree has more than doubled since the financial crisis began. When a country becomes overpopulated, it gives rise in unemployment as there fewer jobs support a large number of people. Rise in unemployment gives rise to crime as people will steal various items to feed their family and provide them basic amenities of
People from all around the world who live in areas with an unstable economy and/or substandard climate are affected by famine. Ethiopia is one of the countries easily affected by this. Climate change and droughts, as well as government policies, resulted in the 1983-1985 famine in Ethiopia (wikipedia.org). If
Despite the critical challenges the informal sector poses to the economy of Ghana, it has a resilient and expansive nature, having a higher prospect for self-employment, and can be a profound arsenal to eradicate youth unemployment. This study therefore assesses the extent to which the informal economy has contributed to alleviating youth unemployment in Ghana. It also identifies opportunities for development within the informal sector towards job creation and security among the youth. Research Objectives The objectives of this study are as follows: To understand the dimensions, causes and effects of youth unemployment in Ghana To understand the prospects and risks of the informal economy on the young worker To recognize the different ways by which the informal economy has contributed to reducing youth unemployment To identify the prospects for development of the informal economy for the further alleviation of youth unemployment Research Questions What are the causes, effects and implications of unemployment to the
The unemployment also causes to increase crime rate, homeless people and poverty. Cyclical employment has effects upon its economy in Greece for both short and long term. In the short run, the firms will sell lesser goods at a lower price, and that makes a negative impact on them. In the long run, since unemployment people will suffer because they will not receive any wages. If they do not receive any money, it means that they will spend less money on their consumption, which will decrease
The availability of drugs and weapons in the community is one of the causes of youth violence. If people can get weapons easily, they could easily do a crime. Bullying is also a cause of youth violence. Teenagers, who are victims of bullying, are more likely to become violent, cry for help. There are the obvious physical problems and injuries that can result from physical bullying.
Saudi nationals prefer to have the job in public sector and they are over 92% of Saudis there and that because they don't be afraid of losing functionality, not like the public sector that may go bankrupt and make their employees go out without their will. I think that youth unemployment major's problem is that a lot of students who enter different majors that are not required by the job market needs، and that because the lack of harmonization between of what job market needs or demands and community educational goals also between the skills that you learn at university and requirements of community company.so to face this problem i think what we need is to focus on developing the youth education based on their skills and what they are interesting on ,also help the Small and Medium Enterprises that could
Food Insecurity The continuous increasing demand for the food requires the rapid improvement in food production technology. In a country like Ethiopia, the economy is mainly based on agriculture and the climate conditions are isotropic, still we are not able to make full usage of agricultural resources. The main reason is the lack of rains and scarcity of the land reservoir water in some areas of the country. The problem I address about my country is that Ethiopia is one of the countries among the third world countries facing food insecurity currently. It is believed that around 10.2 million people are getting hunger out of the total population of 100 million people.
For example, WFP (2009) report indicated as food insecurity levels in the rural areas of Ethiopia rose from 2 million people in 1995 to about 14 million in 2008. Out of these 7.5 million people were beneficiaries of the government’s safety net program. Similarly, Belachew et al (2013) reported a negative association between food insecurity and the growth of adolescents, especially girls, in the Jimma area of the southwestern Ethiopia. According to these authors, about 40% of the adolescents in the Jimma area experience malnutrition, one of the manifestations of food insecurity, at least once in their lifetime. Ethiopia is one of the 31 highly food insecure countries in the world; mainly due to unfavorable climate, market failures, conflict, unwise policies, and poor agricultural practices (Yu, You and Fan,
It is also crucial for policy makers to have adequate and evidence based policy options to increase efficiency and productivity to improve the livelihoods of the poor. As Wolday (2003) stated, in Ethiopia, among other things, lack of finance is one of the fundamental problems impeding production, productivity and income of rural and urban households. Since access to institutional finance is very limited, the majority of the poor obtain financial services through informal channels, such as money lenders, 'Eder ', ΄Arata΄, relatives and