“But their version of the American Dream is a nightmare: low-paying, dead-end jobs; the profound failure of government to improve upon decaying housing, health care, and education; the failure of families to break the patterns of child abuse and substance abuse” (The Working Poor). Suffering to live the American Dream, low-income workers face major complications in the society such as unemployment, low wages, healthcare, and lack of education. Unemployment is a major problem for the working poor in the sense that they only work two thirds of a year rather than the entire year. “The working poor are less likely to work full-time and year-round compared to other workers. Of those who do not work full-time, about half state that they are working part time because they cannot find full-time work.
Unemployment is universally recognized as a bad thing. While economists and academics make convincing arguments that there is a certain natural level of unemployment that cannot be erased, elevated unemployment imposes significant costs on the individual, the society and the country. Worse yet, most of the costs are of the dead loss variety where there are no offsetting gains to the costs that everyone must bear (Depending on how it 's measured). Unemployment represents the number of people in the work force who want to work but do not have a job. It is generally stated as a percentage and calculated by dividing the number of people who are unemployed by the total work force.
o Taking up jobs on temporarily o Lack of experience o Racial discrimination still occurs in many organization. This is a serious cause of unemployment. People who do not accept a certain race, religion, caste and ethnicity still exist and so the survival of earning money becomes difficult and many are forced to leave the country. Ireland has an extraordinary high rate of unemployment . “It is true that the scale of the construction bubble and subsequent bust in Ireland made a considerable amount of economic pain inevitable, but Iceland outside the Eurozone had an even bigger bust and unemployment is now down to below six percent.” (Yglesias.M ,2014) There are ten countries in the Eurozone that have worst of rate than in Ireland.
By studying many existing research studies many possible effects have been identified. In these studies many authors identified the main effect of brain drain as shortage of highly skilled labour in the construction industry. Chigara et al (2013) asserts that lack of highly skilled labour in Zimbabwe is due to the brain drain that occurred from 2000 to 2008. However Oyegoke et al (2009) study refers to the late 90’s recession as the brain drain which led to large shortages of highly skilled labour. They further affirm that this brain drain has affected construction project delivery.
Poverty is a growing issue that is widespread in third- world countries; which affects the way of life for millions of people. Poverty affects the economy because there are many people out there who are unemployed. Many people in the world have jobs that offer minimum wage, which they can hardly use to pay their bills. People in poverty are suffering sometimes due to circumstances, which they were born into. Others face poverty because of hardships or loss they have faced in their lives.
Unemployment is the situation where a huge population of a country, state or a place besides having education and experience, doesn’t get a job to earn an income. Sometimes, due to lack of the government’s budget or higher educational standards, a number of populations remain unemployment. Unemployment is one of the biggest problems in the world. One of the targeted countries that are suffering from unemployment is Afghanistan. As we know that in Afghanistan, unemployment is in a very high level.
Therefore, poverty leads to pauperism, increase in health issues, and even an increase in crime rate. One of the main reasons that caused poverty is made by humans, and the reason with the most terrible outcomes is war. War between two countries, or even within the country itself, causes the economy of the countries to deteriorate because most of the money is used to provide war supplies and to prepare the soldiers for war. As a result, it will be harder for people living in the countries to get things they usually got easily because prices increase considerably due to products being limited, so the people will be forced to live in poverty. Another terrible effect of war is that education will be extremely difficult to attain, and an indirect cause of poverty is the lack of education because if people don’t get a proper education, it will be extremely difficult for them to get their hands on decent job later in life.
First and foremost if we want to understand the unemployment situation in Nigeria we need to go back to basics and understand the meaning and the actual definition of unemployment because unemployment is a very global issues which is surrounding every countries today so we need to understand the fact that unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of health of economy and the most frequently cited measure of unemployment is the unemployment rate and we need to also understand the fact whereby someone of a working age is not able to get a job but would like to be full employment. The issue of unemployment in Nigeria is hurting the youth because after passing through every possible level of education known and still unable to find a job it is very frustrating and unacceptable and to consider how large Nigeria and we should by the fact that Nigeria is one of the biggest country in Africa unemployment should not be a great issue because we are well cultured and well educated citizens and we value education seriously in Nigeria of Nigeria but
Unemployment is one of the development problems that face every developing economy in the 21st century. According to the Central Bank of Nigeria (2003), the national unemployment rate rose from 4.3 percent in 1970 to 6.4 percent in 1980. The high rate of unemployment observed in 1980 was attributed largely to depression in the Nigerian economy during the late 1967s. Specifically, the economic downturn led to the implementation of stabilization measures which included restrictions on exports, which caused import dependency of most Nigerian manufacturing enterprises, which in turn resulted in many companies operating below installed capacity. This development led to the closure of many industries, while the few that survived were forced to retrench a large number of their work force.
In the past few decades the image of Pakistan has extremely suffered. The money laundering done by many politicians earned a bad name for the country. Due to poverty child labor is increasing day by day. Child labor is employment of children at regular labor. Child labor is something in which children forced to perform harmful and dangerous work which exploits them physically, mentally or emotionally.