Youth Exchanges «Young EntrepreneurS / YES» Erasmus+ Youth Exchanges «Young EntrepreneurS / YES» Reka / Czech Republic 14/21 November, 2015

UNEMPLOYMENT

Contents Causes Of Unemployment The Effects Of Unemployment Definition Of Unemployment Causes Of Unemployment The Effects Of Unemployment Unemployment In Turkey Types Of Unemployment Graphs And Data

What Is The Unemployment Unemployment in an economy occurs when there are people who are both willing and able to work but do not have a job.

Causes Of Unemployment High Population Growth Absence Of Employment Opportunuties Seasonal Employment Increasing Turnout Of Students From Universities Slow Developing Of Industries Insufficient Rate Of Economic Progress

The Effects of Unemployment Economic Effects Unemployment financial costs: In many countries the government has to pay the unemployed some benefits. Therefore, the nation not only has to deal with the lost income and decreased production but also with additional cost. Spending power: The spending power of an unemployed person and his/her family decreases drastically and they would rather save than spend their money, which in turn affects the economy adversely. Recession: With the increase rates of unemployment other economy factors are significantly affected, such as: the income per person, health costs, quality of health-care, standard of leaving and poverty.

Social effects Mental health: Mental health problems like: Law self-confidence, feeling unworthy, depression and hopelessness. Tension at home: Quarrels and arguments at home front which may lead to tension and increased numbers of divorces etc. Political issues: Loss of trust in administration and the government which may lead to political instability. Crime and violence: Increase in the rate of crime. Lose of skills’ usage: The unemployed is not able to put his/her skills to use. And in a situation where it goes on for too long the person may have to lose some of his/her skills.

Unemployment In Turkey

Turkey’s unemployment rate increased to a four-year high of 10 Turkey’s unemployment rate increased to a four-year high of 10.9 % in December 2014, up from 10.7 % in November 2014 and 10 % in December 2013, according to the Labor Force Statistics data released by the Turkish Statistics Institute on March 16, 2014.

Types Of Unemployment Frictional Cyclical Some people who are not working are simply between jobs. This may be the result of being hired elsewhere or simply relocating. This is called frictional unemployment because these workers are literally between jobs. Cyclical Some workers may be laid off as the economy slows down. These workers possess the necessary skills, but there is simply not enough demand for their firms to continue to employ them. This type of unemployment is called cyclical unemployment because it is attributable to changes in output due to the cycles of the economy.

Structural Other workers have a mismatch of skills for the job or geographic area that they want to work. If a welder is displaced by a robot or if a nuclear engineer is simply no longer needed in a lab, these workers become unemployed. This type of unemployment is called structural unemployment because the structure of the job is incompatible with the skills offered by the worker.

Graphs And Data

Turkey has relatively low Unemployment Rate among Youth

Unemployment Rates 2014

Regional Distribution Unemployment in 2014

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