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.
Every year, millions of illegal immigrants are challenged to cross the borders to the United States in search for jobs. However, illegal immigration is becoming an issue that not only is affecting the United States politically and economically, but also the job market. Moreover, the United States has the highest rank if illegal immigrants because of the jobs opportunities it offers to people. Therefore, this is creating many controversies between illegal immigrants and American citizens because of their differences. As a result, many immigrants are taking many jobs from American citizens and this issue has impacted the United States positively and negatively.
In today’s society, America is ailed by the instantaneous increase of Americans living in poverty, causing families to take several risks in order to provide all of their family’s necessities. Although it may seem that America is the “land of opportunity”, millions of Americans struggle to survive on how much they earn. Throughout the United States, indigent Americans experience many difficult obstacles in order to survive illustrating their need to provide for their family. A recent article about understanding the effects of poverty states “The number of homeless children throughout the U.S has increased by 60 percent over the past six years” (Sheffield, Rachel). This statistic is very scary because poverty in the U.S is constantly getting worse.
Rising income inequality is considered as a global issue. Over the last ten years, median household income has declined in many advanced economies that resulting median household easily trapped in the risk of falling into poverty. Based on the research, we found that the average income of the richest 10% of the population is higher nine times higher than that of the poorest 10%. After 20 years, some countries have developed the advanced technology to improve the productivity of 30% in industries sector. However, there would also 50% worker will encounter the risk of displaced.
Italy suffers from a financial crisis. As a result, unemployment has risen considerably, and it may continue to rise even further the social consequences of unemployment is dramatically reaching a dangerous stage here people are unable to buy necessities, leave alone paying rent and tax this effect are visible in the entire economy not only individual struggle but also,business to meet the challenges. The effects of unemployment not just effect the person himself but also his/her family What role, if any, do you believe the government should play to reduce negative consequences?In addition, in the long run the society where he lives. Unemployment brings with it despair, unhappiness, and anguish. It forces people to live their lives in a way
Unemployment is defined as “people of working age who are without work, available for work, and actively seeking employment.” (www.ilo.org). There are many factors that will affect the unemployment rate such as, exchange rates, costs of raw materials, and international economic conditions (Blink & Dorton). Unemployment is becoming a major threat in many countries. Spain is an example of how unemployment is a big factor of causing the economy to slow down. The rich are getting richer, and the poor poorer.
The current population of 320 million people is already a massive obstacle for development. In addition, there are many problems that are associated with rapid population growth some are known as insufficient food supplies, Economic insecurity, poverty and low standard of living. Rapid population growth affects poverty as it brings in a lot of workers, this depresses wages and increases poverty. Rapid population also affects the standard of living for example if a country has a real GDP of 1.8 trillion dollars and another country has a GDP of
The results of depopulation have a direct impact on the economy of the country that has borrowed too much for repayment by the young generation. Still, the growth in population is increasingly becoming unmanageable because of global warming, which is predicted to have undesirable economic concerns. Economically decrease in population can result in deflation and it will cause harsh effects on countries like Japan, Germany, and China. A common phenomenon with depopulation in various countries is population aging which can result in economic loss in the country. This paper will discuss depopulation in
Unemployment is a very important issue for every country, especially developing country with a remarkable population. Country with high unemployment specifies that the country’s labor resource is not fully utilized. There are three types of unemployment which are frictional, structural and cyclical (demand deficient unemployment). In Malaysia, the unemployment rate measures the number of people actively looking for job as a percentage of the labor force. Malaysia’s unemployment is on the growth, with the seasonally familiar unemployment rate at 3.4% in May related with 3% in April and 3% a year ago.
Lack of infrastructure and inefficiency of using road facilities has increased the cost of transportation. This leads to the increase of price of goods and services. In parallel to this, the vehicle population has also increased. As a result, Most of the countries in the world now facing with high cost of transporting goods and people due to high traffic congestion in roads. In Asian economies, road congestion has already costs an estimated 2%–5% of gross domestic product (GDP) every year due to lost time and higher transport costs.