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Why Are People Unemployed?
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| Submitted: Thu Jul 11 2002
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Why Are People Unemployed? Introduction Unemployment directly affects people of age's 18-60 year olds. It is usually defined as a condition under which able people of the working age that wish to work for the current wage or salary rates for their skills but cannot get a job. When a member of a family is unemployed, the family feels it in lose of income and a reduced standard of living. There are many possible causes of unemployment, and unfortunately, for the government, it is never easy to identify which is the most important and what to do about it. Unemployment is a big problem for the economy. The graph below shows how awful unemployment has been during the past years. Unemployment 1979-1998 Types of Unemployment There are various types or sources of unemployment. These are contributing to the causes of unemployment. The main types of unemployment are: Frictional unemployment: People who are not working who...
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