Unemployment Razan Alkhathlan 201000559 Rawaby Alkhathlan 200801012 Noura Alsubaie 200901747 Abeer Alsayed 201000962 Raghda Ahmad 201000219 Hanan Alsubaie 201000213 Fatima Alwayel 200901725

Unemloyment The definition of un employment in Saudi Arabia (introduction ) Arabia is that the people who's desperately need to work in companies or in anything related to jobs they can actively work but they couldn't find a job for a different reasons.

Unemployment Types of Unemployment: Unemployment is a global problem that can cause several negative effects on the world economy and all aspect of life in our society. It is one of the hidden powers that can cause revolutions and chaos in modern societies.

Unemployment Minimum Wage Laws: The minimum wage laws are rules set a minimum hourly rate that companies and employers should pay to their workers. These laws help increase the standard of living of the workers. The Fair Labor Standards Act of 1938 established the minimum wage which was applied to industries.

Unmeloyment The Policy of Unemployment: Recent studies show that recessions and depressions affect all parts of the labor force. It affects both the skilled and well qualified people and the unskilled.

Unemployment Why Some Frictional Unemployment is Inevitable? Search unemployment is inevitable because the economy is always changing. •Changes in the composition of demand among industries or regions are called sectorial shifts

Unemployment How do unemployed search for a job? The unemployed should go to people that the trust to help them to find a job. In addition, they have to search for the right job which is the most applicable and related to the unemployed area of expertise.

Unemloyment Reasons for unemployment: Unemployment means that there are people who are able or willing to find work and actively seeking for jobs, but not employed. Of course there are many reasons that might cause unemployment for certain group or bunch of people.

Unemployment Natural rate of unemployment The natural rate of unemployment is defined as the equilibrium rate of unemployment, the unemployment rate where real wages have found the level of the free market and the overall width, where he worked in the balance with the overall demand for labor.

Unemployment Conclusion : In conclusion , Unemployment is a term used to describe the state of a person who is not involved in paid work. This could be due to a number of reasons - illness, disability, lack of qualifications of the economic climate of their country. Currently, the rates of unemployment in countries such as Saudi Arabia and Great Britain are very high. This is because employers generally have less money to spend on workers, so may refuse to hire extra staff, or may make others redundant. This can lead to a downwards spiral known as the cycle of unemployment. The cycle of unemployment states that, if employers have little money to pay staff, they may make a number of staff unemployed. This means that the now-unemployed staff have little money in their pocket to spend. As a result, demand for goods drops, meaning businesses make less profit. If businesses make less profit, they have less money to pay staff... And so the cycle continues.