Lecturer Group Two
The unemployment rate is defined as the percentage of unemployed workers in the total labor force The unemployment is the share of the labor force that is jobless, expressed as a percentage Unemployment or Joblessness is a situation in which able-bodied people who are looking for a job
I. Structural Unemployment This form of unemployment is largely defined as unemployment that results from perceived value and skills that an individual brings to a job against the needed, different skills required by an employer to do the job correctly.
II. Cyclical Unemployment Cyclical Unemployment is similar to structural unemployment in that employment in that business cycle is highly dynamic too, and changes all the time When the economy is on the upswing, companies hire more workers
Increasing number of graduates in a country. Immediately choosing for students in knowledge that are learned. Quality of knowledge in our country is low. Lack of government policies Highly hope of people that dissatisfied in any types of job. Tribalism Foreign peoples
When rate of un employment steady increase there will be cause in many effect such like this Individual effect: peoples who are un employment cannot obtain money to manageable his life also cause loss of youth, homeless,illness and more mental stress. Social and political effect: high un employment rate can cause unrest in country, poverty and waste resource of a country.
Get rid of unfairness and tribalism. making quality educations. Government should be planed types of knowledge that that suitable country. Create opportunities of technical jobs. Making retirement system. Decreasing number of graduators to find qualified well experienced person.