Thursday, December 26, 2019
Structural Unemployment A Large Proportion Of The...
To begin with, a large proportion of the unemployed is caused by structural unemployment, which refers to a mismatch between skills demanded of workers and skills that employees could supply (Anderton, 2008:210). It includes three typical components, which are regional, sectoral and technological unemployment. Firstly, when structural unemployment exerts an influence on the economy of a particular area, it is called regional unemployment. With ââ¬ËReform and Openingââ¬â¢ implemented, eastern coastal provinces of China gained considerable benefits, creating a wide range of job opportunities. While in central and western areas, the effect of economic growth was so slight that the employment rate was constantly low. Due to immobility of factors of production between regions, few corporations were willing to operate businesses there. In addition, sectoral unemployment in China results from a sharp decrease in certain industries, especially for labour intensive factories. As labour costs in China have risen remarkably, from around 16,000 yuan in 2004 to 56,339 yuan in 2014 (China Labour Bulletin, 2014), investors prefer passing those low-cost activities to low-income countries in South-East Asia, such as Indonesia, Vietnam and Cambodia. US shoe imports market illustrated this phenomenon. The proportion of China for this market declined from 87% in 2009 to 79% in 2014(The Economist, 2015). Moreover, in three Northeastern Provinces of China, heavy industries used to cluster among theseShow MoreRelatedThe Problem of Structural Employment1274 Words à |à 5 Pagesfactor contributing to this is the structural unemployment that is present in the country. The figures best speak for themselves both as to the existence of structural unemployment and the importance this is getting in the United States in socio-economic ter ms. The data published by the US Bureau of Labor Statistic in January 2012, reflecting the employment in November 2011, showed that the unemployment rate fell to 8.6 percent, while the number of unemployed people decreased by 594,000. At theRead MoreYouth Unemployment in Nigeria1200 Words à |à 5 PagesYouth Unemployment in Nigeria INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154, 729,000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1, 4011. Nigeria also has the second largest economy in Africa. If I may ask, is this country not blessed? Yet, it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government andRead MoreUnemployment And The Unemployment Rate1368 Words à |à 6 PagesUnemployment happens when individuals are without work and effectively looking for work. The unemployment rate is a predominance s measure of unemployment and it is figured as a rate by separating the quantity of unemployed people by all people right now in the work power. During periods of recession, an economy usually experiences a relatively high unemployment rate. Economists distinguish between various overlapping types of and theories of unemployment, including cyclical or Keynesian unemploymentRead MoreWhy Unemployment is Such an Important Issue?4436 Words à |à 18 PagesDiscussing why unemployment is such an important issue for governments and how it can be tackled in urban areas. AUTHORED BY Simon D. Ojera CONTENTS PAGE 1.0 Introductionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦....â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...1 2.0 The Concepts of Unemploymentâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.1 2.1 Definition..â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...2 2.2 Causes of Unemploymentâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦3 3. Effects of Unemploymentâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦ â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...10 4. Tackling Unemployment in UrbanRead MoreWhat are the main causes of high unemployment in Zimbabwe? How serious a problem is it? 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India, with a vast population of over 2 billion individuals, is facing the biggest problem of the century in the form of unemp loyment of worthy and productive citizens. Our country is setRead MoreWelfare Reform : The United States1435 Words à |à 6 Pagesis reproachable for a government to take no action in protecting its citizens from from the effects of poverty. However, a government does not necessarily have to act even if it ought to be doing so. Realistically, the government is the only actor large enough to be a reasonable factor in fighting poverty. However, even a body as powerful and overbearing as the American government is subject to limitations. Moral theorists argue that if one were to cross a woman dying on the street, the moral thingRead MoreCauses Of Unemployment And Its Effect On The Growth Of India Essay1874 Words à |à 8 PagesCauses of unemployment in India 1-rapid population growth: It is the leading cause of unemployment in Rural India. In India, particularly in rural areas, the population is increasing rapidly. It has adversely affected the unemployment situation largely in two ways. In the first place, the growth of population directly encouraged the unemployment by making large addition to labour force. It is because the rate of job expansion could never have been as high as population growth would have requiredRead MoreThe Existence and Persistence of Large Spatial Disparities in Unemployment Within National Economies Is a Central Issue in Regional Economics.2090 Words à |à 9 Pagespersistence of large spatial disparities in unemployment within national economies is a central issue in regional economics. Explanations that exist within the literature for why regional unemployment disparities have been so much more persistent over time in the EU than in the US can be broadly separated to the hysteresis and equilibrium arguments. Before illustrating the analysis and strength of these arguments it is important to ascertain the scale of persistent unemployment disparitiesRead MoreUnemployment in India1892 Words à |à 8 PagesUNEMPLOYMENT Employment in simple words can be defined as an occupation by which a person can earn his living. And Unemployment is the inability of providing gainful work to people who are willing to work. And for a country like India, employment has become one of the major challenges of the current economy. Despite the economic reforms and the IT BPO boom, the unemployment situation in India is getting worse. Therefore, emphasis is given on providing more employment opportunities which in
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