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Unemployment
Beginning of paper
In industrialized countries in which most people can earn a living only
by working for others, being unable to find a job is a serious problem. Because
of its human costs in deprivation and a feeling of rejection and personal
failure, the extent of is widely used as a measure of workers'
welfare. The proportion of workers unemployed also shows ho ....
Middle of paper
....Structural
unemployment arises from an imbalance between the kinds of workers wanted by
employers and the kinds of workers looking for jobs. The imbalances may be
caused by inadequacy in skills, location, or personal characteristics.
Technological developments, necessitate new skills in many industries, leaving
those workers who have outdated skill.... |
| Word count: 619 |
Page count: 3 |
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