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It is impossible for unemployment ever to be zero
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Dessislava Dimitrova International Studies Student# 0402371 It is impossible for unemployment ever to be zero. Why? The following essay examines unemployment, the reasons for which it exists and the causes, which do not allow it ever to be zero. As a start there needs to be set a definition of unemployment as a phenomenon. Unemployment is usually expressed as a number or as a percentage of a larger number. Although it has been ambiguous who has to be included in the percentage, there are members of society without a job, for whom it is certain that should not be added. Such people are children, pensioners, sick, institutionalized, as well as people, who are not currently looking for a job, such as parents choosing to stay at home to raise a family. Taking under consideration the above mentioned circumstances, the economists' definition for the unemployed can be expressed as the following: "Those of working...
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