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Free Thesis Statement About The Effects Of Unemployment

Type of paper: Thesis Statement

Topic: Unemployment , Social Issues , Workplace , Economics , Government , Politics , Increase , Taxes

Words: 1375

Published: 2020/11/23

A general definition for unemployment is the situation where individuals who are able and willing to work cannot find any form of income – earning jobs. A more structured definition of unemployment is “An economic condition marked by the fact that individuals actively seeking jobs remain un-hired,” (Investor Words, 2015). Additionally, unemployment figures are presented as percentages of the total population. These figures represent that proportion of the available workforce that does not have jobs. The level of unemployment in a country depends largely on the economic, educational and social factors in the society. There are several types of unemployment: cyclical, structural, seasonal, voluntary, or technical. While a number of individuals in the society prefer not to work, their unemployment status impacts the social and economic development of the country. There a number of factors that determines or the employment status of an individual. One of the main causes of unemployment in a country is the economic structure or strength of the country. When an individual loses his job, quits or fired, he becomes unemployed. This unemployment means that the individual will not be able to make a financial contribution to the economic development of the country. Individuals are sometime forced into unemployment as some jobs are seasonal and as such low season and off-seasons lends itself to an increase in the unemployment rate in the country. The tourism sector in the country is a clear example of seasonal employment in tourist based economic countries. On the other hand, countries that have a struggling or stagnant economy have grave problems with structural adjustments arising from economic instability in the country. Therefore, workers in these sectors are laid off when there is upheaval in the country’s economic standing. Additionally, unemployment arises from the rapid changes in the technological arena. These changes may decrease or increase the level of unemployment in the country. In companies that are unable to purchase new machinery for production, find that the operations within the company slows down considerably. The workers are left to choose between being laid off and working on rotation or shifts. Either way, the loss of income from unemployment leads to inevitable changes in the way individuals spend money and build the economy. New computer software and programs impact the amount of work that the employee carries out on a daily basis. Therefore, the employees whose jobs no longer require manual labor find that they too are unemployed. Stefania et.al points out “changes in the structure of industries and economic activities under the impact of diversification demand for goods, the economic crisis for a long time inevitably lead to the reduction of work requests,” (Stefania, 2013, p. 32) and unemployment. In addition, immigration affects the unemployment rate as immigrants work for very low wage packages and the skilled workers in the country lose their jobs. These immigrants migrate into the countries illegally and build a low-wage income based that impacts the economic development of the country. The illegal immigrants do not pay taxes and the government cannot collect revenues from these individuals. The fact that they work for low wages also has a tremendous impact on the country, as the skilled workers lose their jobs and the problems of re-training these workers after a while becomes a problem to the government and the companies . The health of the labor force and the willingness of the employees to work impacts the level of employment in the country. In fact, individuals who are not willing to adjust to the new ways of doing things in the workplace may find that they are fired. Poor health conditions contribute to a slowing down in the production in the country and an increase in the number of days that the individuals take from work. Many employers assess the workers level of dedication to their job and the level of enthusiasm that the workers display. Dedication and enthusiasm produce excellent work and limits the prospects of unemployment. The fact is that the level of income and the investment in the country determines the rate of unemployment in the country. If a country is prosperous, then the people remain employed as there is a demand for goods and services which are paid for by the consumer. As such, there is enough money to keep individuals employed. If there is no investment in the country, then the economic structure of the government fails and the country becomes indebted to lending agencies. The government use the monies the collect in taxes to run the country. If individuals do not work then they cannot pay taxes. As a result, the government faces an economic decline. The effect of unemployment varies according to the largest areas of employment. The government suffers from unemployment because less people work and therefore there is a reduction in the amount of taxes that these unemployed individuals pay. As a consequence, the government gets less tax revenue and this has a tremendous impact on the financial capacities of the country. The lower economic growth or GDP suffers when there is a high rate of unemployment in the country. Businesses will not be able to produce the required quota of services and goods that would generally improve the economy of the country. As such, there is a limit to the output of the goods and services that organizations produce. Hence, the GDP reduces and the government’s spending and taxation reduces. With this reduction, the government’s finances reduce and there is an increase health and welfare costs in the country. Unemployment in the economy leads to the reduction in the number of individuals who work. With the loss of income, individuals cannot pay for health care costs and the increase in claims. The increase in claims put a strain on the government revenues. The increase in unemployment has increases the supply-side costs. This means that the unemployment in the in the economy increases as more people will be out of a job. These individuals should be taught practical skills so that they can become employable by companies. The increase in skills training programs brings about an increase in the amount of money that the government must spend to train these unemployed individuals. This added expenditure places a strain on the government financial resources as the money could be spent on other areas that need development. Companies suffer from the unemployment rate in the country. The biggest problem that these companies will have is the issue of lower wage costs. The reality is that unemployment in a country leads to an increase in the supply of labor in the companies. As a result, there is downward pressure on the wages that these individuals receive as labor decreases and desperate individuals take jobs for lower wages than is the norm. Unemployment leads to the creation of an increased labor pool. This labor pool gives companies a variety of choices with the pool of workers. Consequently, firms hired skilled and experienced workers for low wages. Similarly, the demand for goods and services decrease as there is less demand for such services. The fact is that unemployment gives way to a reduction in the dispensable income of individuals. In the end, there is a reduction in company profits as the sales decrease. Additionally, the rate of unemployment increases the demand for inferior goods as individuals will gravitate towards cheaper goods rather than quality goods. With the increase in unemployment in the country, individuals lean towards purchasing lower quality goods as these are more affordable. Unemployment has a tremendous impact on the people in a country. Unemployed individuals resort to substandard living conditions. Conversely, these individuals suffer a loss of income and as such, they deplete their savings easily and in turn buy inferior goods at a lower rate. The loss of skills increases as individuals who are unemployed stop working and lose interest in maintaining their employable skills. The fact is that the length of time that an individual stays unemployed, the more money the companies have to pay to retrain these individuals. In the end, the unemployed mass often become de-motivated as they lose confidence in self. Katz reiterates the idea that “many job losers from sectors such as construction and manufacturing may face difficulties in making the psychological and financial adjustments as well as gaining the training and education required for the new jobs available in the growing sectors ,” (Katz, 2010, p. 6). In addition, Katz suggests that “greater educational attainment has been the traditional way young Americans acquire the skills demanded by growing occupations and regions,” (Katz, 2010, p. 6), but with the increase in unemployment children cannot get a solid education that will guarantee them a place in the job market. In fact, “greater federal aid to higher education may be necessary, given the budgetary problems of most states,” Katz, 2010, p. 6) and the lack of employment opportunities for families. In concluding, unemployment is the lack of jobs for skilled and unskilled workers. There are different types of unemployment. Many of these unemployment issues arise from justifiable situations in the economy as the government suffers financial setbacks from the changes in the global market. Regardless of the causes of unemployment, it has a tremendous impact on the society as a whole. The government faces loss of revenue and an increase in the money that they spend as they try to keep the economy alive. In addition, companies lose skilled workers who have to be re-trained when they stay unemployed for too long. Individuals who are unemployed become de-motivated and many become depressed because they lose their self-confidence.

Works Cited

Investor Words, Unemployment (2015) Viewed at http://www.investorwords.com Accessed February 22, 2015 Katz, Lawrence, (2010, April 29) Long-Term Unemployment in the Great Recession Testimony for the Joint Economic Committee U.S. Congress Hearing on “Long-Term Unemployment: Causes, Consequences and Solutions” Cannon House Office Building, Room 210 Stefania, L. et.al (2013) The Impact of Unemployment on Economic Growth in Romania, During The Crisis Academy of Economic Studies, Bucharest Romanian Statistical Review nr. 6 / 2013

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Home — Essay Samples — Economics — Unemployment — Unemployment: Causes, Effects, and Solutions

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Unemployment: Causes, Effects, and Solutions

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Words: 685 |

Published: Jan 30, 2024

Words: 685 | Pages: 2 | 4 min read

Table of contents

Introduction, causes of unemployment, effects of unemployment, solutions to combat unemployment, a. economic factors.

  • Global recession: During economic downturns, companies may reduce employment to cut costs and remain competitive.
  • Automation and technological advancements: The use of machines and technology may replace human workers in some industries, leading to job losses.
  • Outsourcing of jobs: Companies may choose to outsource jobs to other countries where labor costs are lower, leaving domestic workers unemployed.

B. Societal Factors

  • Lack of education and skills: Individuals without proper education and job training may be ill-equipped to meet the demands of a constantly evolving job market.
  • Discrimination in hiring processes: Certain groups, such as women, minorities, and older workers, may face barriers in securing employment due to discrimination.
  • Dependency on welfare programs: Some individuals may choose to remain on welfare programs due to a lack of incentive to enter the workforce or because they cannot find suitable employment.

A. Economic Effects

  • Reduction in consumer spending: Without a steady income, unemployed individuals may have less money to spend, resulting in a decline in consumer spending.
  • Decline in government revenue: With fewer people working, the government may see a decline in tax revenue, which can impact its ability to provide necessary services and promote economic growth.
  • Increase in social welfare expenses: The government may need to allocate more funds toward social welfare programs, such as unemployment benefits and food assistance, to support those who are unemployed.

B. Social Effects

  • Increase in crime rates: Individuals who are unemployed may resort to criminal activities to make ends meet, leading to a rise in crime rates.
  • Mental health issues: Unemployment can cause stress, anxiety, and depression, which can negatively impact an individual's mental health.
  • Strained relationships and family instability: Unemployment may cause financial strain and tension within families, leading to relationship problems and instability.

A. Economic Solutions

  • Encouraging entrepreneurship and small business development: Providing resources and support for individuals to start their own businesses can lead to job creation and economic growth.
  • Promoting vocational training and skill development programs: Ensuring that individuals have access to education and training programs can increase their job readiness and competitiveness in the job market.
  • Implementing balanced trade policies: Creating policies that promote fair trade and reduce job outsourcing can protect domestic jobs and promote job growth.

B. Social Solutions

  • Addressing educational disparities and providing access to quality education: Providing quality education to disadvantaged communities can improve their job readiness and reduce unemployment rates.
  • Combating discrimination in the workplace: Enforcing anti-discrimination laws and promoting diversity and inclusion in the workplace can reduce barriers to employment for certain groups.
  • Strengthening social safety net programs: Ensuring that social welfare programs are designed to incentivize work and provide support to those in need can promote economic stability and reduce poverty.
  • Bureau of Labor Statistics. (2021, October 8). Employment Situation Summary. https://www.bls.gov/news.release/empsit.nr0.htm

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thesis statement on unemployment rate

Scarring Effects of Unemployment: A Meta-analysis

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Introduction

Causes of unemployment, effects of unemployment, works cited.

Unemployment causes and effects are vital to recognize in order to solve the problem. Analyzing them can also allow people to realize what consequences are to expect. Yet, first of all, all the essential terminology should be defined.

Unemployment refers to a state of not having a job. It entails individuals with the ability to work, a resolve to find employment, available and in the hunt for employment (Stone 25). Categories of unemployment include classical, structural, frictional, cyclical, and hidden types.

Classical unemployment entails a situation in which earnings received for a job go beyond ordinary levels. This results in limited job vacancies for people. The structural type refers to a situation in which unemployed individuals fail to meet job requirements in terms of skills needed (Stone 29). Frictional unemployment concerns the changeover phase between jobs, while the cyclical one refers to a state in which claims in the economy fail to offer jobs to people. When the claim for goods and services lowers, there is a limited production that requires few workers (Stone 29). Finally, the hidden type refers to the unemployment of prospective workers due to errors made in generating statistics on the subject (Stone 30).

The causes and effects of unemployment impact individuals, society and the economy in general. The overall problem issue results from various factors relating to social, economic, environmental, political and individual elements in an economy. So, to gather both consequences and causes of unemployment, this essay attempts to consider and analyze them separately.

Unemployment results from several causes and factors related to an economy. Some causes are due to personal choices while others are beyond individual control (Stone 31). People invest many resources in gaining reputable education and eligibility for jobs, but often find themselves with no employment (Stone 34). Unemployment results from factors and causes discussed below.

The first cause is inflation. Inflation refers to the progressive increase in prices of commodities and services in the economy. Economic inflation is one of the major causes of unemployment (Stone 37). Inflation results in a limited market activity by economies that cannot match efforts by others due to escalating prices. The economy experiences trouble, and progressively employers fire some workers to reduce the cost of production. This result in unemployment among the individuals fired.

The second cause is recession. Recession refers to decline Gross Domestic Product (GDP) of an economy, employment rate and market activity (Dawson 75). Economic recession links directly with economic inflation. Recession results from inflation where people are not able to afford goods and services offered by the economy (Stone 41).

A decline in production and more imports than exports characterize a recession. These elements influence negatively on GDP of an economy. This results in increased rates of unemployment because many employers refuse to hire while others fire some of their employees (Stone 43).

Another cause is change in technology. Rapid change in technology is driving many employers into diversifying and improving the effectiveness of their workforce (Dawson 78). Some of technology applied replaces individuals in the production process as some process executed manually apply through technology.

This leads to several people losing their jobs. Job dissatisfaction is also another leading cause of unemployment (Dawson 78). New technology results in some employees being involved partially in production activities, which leads to frustration. Frustrations may lead to employee resignation (Dawson 80). This causes unemployment.

Another cause is employee worth (Dawson 85). Employees put a lot of effort and dedication in their activities but often end up unappreciated by their employers. This may result to lack of motivation among employees, which may compel them to stop working for their employers (Dawson 85).

This leads to individuals being unemployed until they find employers who appreciate their efforts. Discrimination in places of work is another cause of unemployment. Discrimination could be because of age, gender, social class, race, religion or ethnic background. Securing a job in such a working environment is extremely difficult and may discourage people from looking for jobs as well as forcing those already in jobs to quit (Dawson 87).

Other causes of unemployment relate to an individual and include disability, attitude towards potential employers, negative perceptions about jobs and employees as well as an individual’s ability to look for a job (Dawson 93). Welfare payments should be discouraged as they reduce the will of unemployed people to look for jobs. People develop dependency on grants and lack any meaning in employment since they are able to meet their basic needs (Dawson 98).

Unemployment has both positive and negative effects. However, negative effects of unemployment surpass positive effects (Stone 65). Unemployed individuals experience difficulties meeting their basic needs as well as contributing to economic prosperity of their countries (Stone 66). In recessions, many people lose their jobs, but companies usually develop mechanisms to produce more goods with limited workforce. Unemployment leads to effects discussed below.

The first effect is loss of income. Unemployment results in individuals losing their source of income and livelihood. Most people in employment use their incomes to get mortgages and other forms of financing (Stone 69). Loss of income leads to poor living standards and increased risk on health.

Another effect of unemployment is social exclusion. A work place provides a platform for socialization. When people lose their jobs, their social circle reduces considerably and end up excluded from the social environment. Other social problems associated with unemployment include crime, bribery and gambling (Stone 70).

Unemployment causes political instability (Stone 75). When majority of a country’s population is unemployed, life becomes hard, and people develop hostile characters. They consider their government as ineffective and incapable of providing the needs of its people (Stone 76). Such individuals participate in movements that oppose government policies through riots that result in political instability.

effects of unemployment include over exploitation of available labor, reduced rate of economic growth, reduced human capacity, loss of human resources and increase in poverty levels (Dawson 101). One positive effect of unemployment is the availability of adequate labor at reduced market prices. When many people are unemployed, labor is available at competitive prices because people are always eager to have some income (Stone 80).

Unemployment has various categories that include classical, structural, frictional, cyclical and hidden unemployment (Stone 26). Unemployment results from several factors that vary in terms of the supporting conditions. Some causes are due to personal choices while others are beyond individual control. Unemployment has both positive and negative effects, although negative effects surpass positive effects. Welfare payments should be discouraged as they reduce the will of unemployed people to look for jobs (Stone 50).

People should be encouraged to look for a job instead of waiting on grants because they may not achieve financial freedom to satisfactory levels. In order to reduce the effects of unemployment, governments should develop and implement policies that regulate circumstances in which an employer can fire an employee (Dawson 90). This will prevent victimization of employees by employers who take advantage of weak policies on labor regulation and employee protection.

Dawson, Graham. Inflation and Unemployment: Causes, Consequences and Cures . California: University of California, 2008. Print.

Stone, Jack. Unemployment: The Shocking Truth of Its Causes, Its Outrageous Consequences and What Can Be Done About It . New York: Trafford on Demand Pub, 2007. Print.

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IvyPanda. (2018, November 30). Scarring Effects of Unemployment: A Meta-analysis. https://ivypanda.com/essays/causes-and-effects-of-unemployment/

"Scarring Effects of Unemployment: A Meta-analysis." IvyPanda , 30 Nov. 2018, ivypanda.com/essays/causes-and-effects-of-unemployment/.

IvyPanda . (2018) 'Scarring Effects of Unemployment: A Meta-analysis'. 30 November.

IvyPanda . 2018. "Scarring Effects of Unemployment: A Meta-analysis." November 30, 2018. https://ivypanda.com/essays/causes-and-effects-of-unemployment/.

1. IvyPanda . "Scarring Effects of Unemployment: A Meta-analysis." November 30, 2018. https://ivypanda.com/essays/causes-and-effects-of-unemployment/.

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IvyPanda . "Scarring Effects of Unemployment: A Meta-analysis." November 30, 2018. https://ivypanda.com/essays/causes-and-effects-of-unemployment/.

thesis statement on unemployment rate

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Unemployment Essay Writing Guide

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Essay paper writing

thesis statement on unemployment rate

Employment is one of the major forces that bring on the economic growth of each country. In addition, unemployment rates can show how economic state of a country changes with time. That is why, it is crucially important to study the causes and effects of unemployment on the economy, social issues, and the life of every individual. Every student can do that by working on a research paper or essay about unemployment.

Luckily, you have come across this article, in which we collected the tips and ideas on how to write the best essay or research paper on unemployment. Stay tuned and read on to know all the intricacies of writing the best academic paper on this topic from scratch, even if you know little or nothing in this field. 

Purpose of writing an unemployment research paper

Let’s start with a discussion on how to write a research paper. Conducting unemployment research, you are encouraged to explore and identify issues that arise when willing workers can’t find a well-paid job or lose jobs as a result of their employers’ inability to maintain the growing rate of production.

Of course, this process affects the economy in general as well as the lives of each and every one of us. Having said that, when you look at this problem analytically and study it from different points of view, using recent data, it allows you to either find solutions to it or encourage other students, activists, or even scholars to further this research and propose their solutions.

unemployment-essay-writing-guide

Unemployment research paper topics

Here are some interesting research topics on unemployment for your consideration: 

  • Karl Marx’s theory of unemployment
  • To what extent can automation be helpful or harmful in the workforce?
  • What are the long-term consequences of unemployment?
  • What is a link between inflation and unemployment?
  • Why is unemployment particularly bad for women?
  • How does the unemployment rate affect the phycological state of people?
  • Unemployment during the Big Depression
  • Unemployment rate during COVID-19 pandemics
  • Automation of labor and unemployment
  • The effects of unemployment on students
  • The unemployment rate in the country of choice
  • Which population is the most vulnerable to unemployment?
  • The link between unemployment and crime rate
  • Ways of reducing unemployment

Unemployment research questions

When you have chosen the topic, it is important to formulate a few unemployment research questions and choose one or a few that you are going to focus on in your work. If your topic is broad, narrow it down to something more specific that you would be able to cover within the given word count. Make sure it is not too narrow to be researchable but specific enough for you to understand what kind of information to look for specifically.

The questions you formulate can be focused on the:

  • Comparison between certain aspects of unemployment.
  • Relationships between variables of your choice.
  • Advantages/disadvantages of certain aspects.
  • Causal relationships between specific variables.
  • Factors contributing to the problem or its solution.

There are a lot of ways to formulate a research question for an unemployment paper, and we suggest that you run the question of your choice by your professor before starting to write.

unemployment-essay-writing-guide2

Unemployment research paper outline

While your outline should include as many details as possible, the main sections it will cover are:

  • Introduction
  • Introductory phrase
  • Background information
  • Statement of hypothesis/thesis statement
  • Body sections:
  • Literature review
  • Methodology
  • Restated hypothesis/thesis
  • Main points of research.
  • Further application/Significance of research.

Tips for writing an essay on unemployment

Writing an academic essay on unemployment might appear like quite a difficult task. In order to make your life easier, we have decided to provide with the best writing tips:

  • Choose the topic which you are genuinely interested in. This way, the writing process will be exciting and productive.
  • Make an outline. This is an essential part of employment essay writing, which helps you to keep your ideas in order and write a well-structured text.
  • Write the first draft. It will help you understand how to present your arguments and evidence as well as frame your essay.
  • Look for well-written examples. There are a lot of sample essays on unemployment on the Web. Therefore, if you are not sure what to focus yours on or how to put your ideas on paper, reading a few examples might help.
  • Proofread your essay. It’s a good idea to revise your paper the next day after you finish writing it. This way, you will notice more grammatical errors and common structural and stylistic mistakes.

Topics for writing an essay on unemployment

  • Essay on educated unemployment
  • Essay on unemployment among graduates
  • Essay on unemployment and poverty
  • Essay on rural unemployment
  • Essay on the evils of unemployment
  • Essay on poverty, illiteracy, and unemployment
  • Essay on poverty and unemployment in specific countries/states
  • Essay on unemployment and underemployment after wars
  • Essay on effects of unemployment (psychological, sociological, financial, etc.)
  • Causes of unemployment essay
  • Essay on reasons for unemployment
  • Essay on the impact of unemployment
  • Causes and effects of unemployment essay
  • Cause and effect of unemployment essay: is there a link between low quality education and unemployment?
  • Argumentative essay on unemployment: should government help the vulnerable population with job search?
  • Cause and effect essay on unemployment and inflation
  • Unemployment problem solution essay
  • Essay on employment and unemployment
  • Essay on unemployment in America
  • Essay on unemployment and its long-term effects

unemployment-essay-writing-guide3

Unemployment essay outline

Whether you are writing a one-page essay on unemployment or a longer well-researched one at the end of the semester, making an outline is an important step you should never skip. Just like with a research paper, an unemployment essay outline also has a specific structure:

  • Unemployment essay introduction. For starters, you need to provide readers with background on the topic and some justifications as to why you have chosen it. At the end of the intro, present your thesis statement with the main points that you will be discussing in more detail further.
  • Body paragraphs. The main part is the most extended and informative section of the whole essay. It usually consists of 3-5 paragraphs (however, there can be more or less, depending on the specific requirements). Each paragraph has to include the argument connected with your thesis statement, which is reinforced with evidence and examples. Make sure that your body paragraphs are logically interconnected. In this case, transition words will be of great help.
  • Conclusion for an essay on unemployment. At the final stage, here comes the time to briefly remind the readers about all the arguments discussed throughout the essay and the thesis statement that you have put forward in the intro. Don’t make new points in a conclusion for an unemployment essay. This is the part where you reflect on what was written without adding factual or statistical info to continue the discussion. In the final sentences of the unemployment essay conclusion, try coming up with a catchy phrase to wrap up everything that you have showcased before effectively and to encourage your readers for further reflections. 

Statistics for your essay on unemployment

We have collected some interesting and somehow shocking statistics, which you can use in your unemployment essay or research paper:

  • Developed countries often cannot offer permanent positions for an excessive number of college graduates, both local residents and international students. This problem creates enormous competition for permanent positions in their chosen fields of study. One great example of such a situation is the US economic recession of 2007-2008 when the employment rate of candidates with bachelor's degrees suddenly dropped to as low as 9%.
  • One of the recent American surveys showed that some of the highest unemployment rates were among Philosophy (6.2%) as well as the English Language (6.4%) and Mass Media (7.4%) graduates. On the other hand, the lowest unemployment rates were fixed in the fields of Industrial Engineering (1.7%) and Medical Technicians (0.9%).
  • Youth are approximately three times more likely to be unemployed than adults (2.7).
  • Among all developing regions, East Asia has the largest unemployment rate.
  • The number of unemployed workers in the world’s developing economies is roughly the same as the population of Bangladesh (156.6 million), the world’s eighth-most populous country.
  • Despite COVID-19 pandemics, the US unemployment rate has fallen to 7.9% (from 8.4%). The most prosperous are the restaurant, retail, and healthcare sectors.

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thesis statement on unemployment rate

Employment is one of the major forces that bring on the economic growth of each country. In addition, unemployment rates can show how economic state of a country changes with time. That is why, it is…

6th Nov 2018

thesis statement on unemployment rate

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thesis statement on unemployment rate

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  1. Unemployment Rate Thesis Statement

    thesis statement on unemployment rate

  2. The unemployment rate

    thesis statement on unemployment rate

  3. Essay On Unemployment

    thesis statement on unemployment rate

  4. The Connection Between Inflation and Unemployment

    thesis statement on unemployment rate

  5. The unemployment rate analysis Free Essay Example

    thesis statement on unemployment rate

  6. (PDF) Research of the Influencing Factors on Unemployment Rate

    thesis statement on unemployment rate

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  1. Defining the Unemployment Rate

  2. How to Write a STRONG Thesis Statement

  3. Purdue OWL: Thesis Statements

  4. How To Write An Essay: Thesis Statements

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  6. How To Write A Killer Thesis Statement by Shmoop

COMMENTS

  1. Thesis Statements On The Effects Of Unemployment

    Unemployment in the economy leads to the reduction in the number of individuals who work. With the loss of income, individuals cannot pay for health care costs and the increase in claims. The increase in claims put a strain on the government revenues. The increase in unemployment has increases the supply-side costs.

  2. Factors related to the unemployment rate: A statistical analysis

    FACTORS RELATED TO THE UNEMPLOYMENT RATE 3 significant 66% of the time. A change of 0.2 is considered significant, as well as a consistent change of 0.1 upward or downward in consecutive months. If raised to 95% of the time, an unemployment rate would have a range of plus or minus 0.2.

  3. PDF The Effects of Unemployment on College Graduates

    Despite the unemployment rate decreasing since the Great Recession, a larger number of people are entering the workforce which lacks the amount of jobs required, especially when a proportion of these jobs only require a two-year degree or certificate (Zhang, Peppas, Peppas & Yu, 2015). In 2013, the Bureau of Labor Statistics reported

  4. Unemployment in the United States

    However, it could be said the situation regarding unemployment has changed over past several years. It has been noticed that the unemployment rate decreased to 5.4%, as American employers introduced 223,000 job offers in April 2015 (Schwartz par. 2). However, the wages were not dramatically increased due to the decrease in the unemployment rate.

  5. Unemployment: Causes, Effects, and Solutions

    According to the Bureau of Labor Statistics, the unemployment rate in September 2021 was 4.8%, which represents approximately 7.7 million unemployed individuals. Say no to plagiarism. ... Thesis statement: Unemployment is caused by economic and societal factors, and it leads to negative economic and social consequences. However, by implementing ...

  6. Scarring Effects of Unemployment: A Meta-analysis

    Unemployment results in individuals losing their source of income and livelihood. Most people in employment use their incomes to get mortgages and other forms of financing (Stone 69). Loss of income leads to poor living standards and increased risk on health. Another effect of unemployment is social exclusion.

  7. (PDF) UNEMPLOYMENT AND FACTORS AFFECTING UNEMPLOYMENT IN ...

    unemployment by 0.140 and 0.202 units, respectively. Finally, when the data are analyzed in Turkey, it is unde rstood that increase of 1 unit fer tility rate increased unemployment by 17.180 units.

  8. (PDF) An Analysis on the Unemployment Rate in the ...

    Following the Box-Jenkins method, the formulated model for forecasting the unemployment rate is SARIMA (6, 1, 5) × (0, 1, 1)4 with a coefficient of determination of 0.79. ... 1.2. Statement of ...

  9. PDF STATE MINIMUM WAGE POLICIES AND UNEMPLOYMENT RATES A Thesis Presented

    Price Index. This thesis attempts to provide greater clarity on the relationship between minimum wage policies and unemployment rates through regression analysis. Data utilized for this study come from the Bureau of Labor Statistics, the Department of Labor, the Bureau of Economic Analysis, the National Council on State

  10. PDF Qualitative and Quantitative Analyses of Unemployment

    1.2 Problem Statement 2 1.3 Research Questions 2 1.4 Research Objectives 2 ... 1.7 Structure of the Thesis The remainder of this paper will be structured as follows. First, the theoretical ... general macroeconomic forces determining the unemployment rate will be laid out. The implications of these for Malaysia are then explored.. The methodology

  11. PDF The Determinants of Unemployment: A Case of South Africa P Patel orcid

    In 1994 the unemployment rate was 22 percent; in 2014 it was 25 percent and currently in 2018 the rate is 26.7 percent (HuffPost South Africa, 2018). As per Statistics South Africa (2018), growth in employment in nearly all sectors is well below the growth of real GDP.

  12. Beating the Employment Challenges: How Unemployed Youths Generate

    unemployment rate in Africa is of great concern and warrants urgent solutions (Maulani & Agwanda, 2020). ... Problem Statement Youth unemployment remains a global threat to the achievement of the United Nations' sustainable development goals (Buheji, 2019). It impedes the fight to end poverty in all its forms, limits opportunities to

  13. PDF THE EFFECTS OF YOUTH EMPLOYMENT: http://www.nber.org/papers/w20810

    used during times of high unemployment; for example, the American Recovery and Reinvestment Act (ARRA) provided states with $1.2 billion to give disadvantaged youth access to employment and training during the Great Recession, with a particular focus on summer employment (Bellotti et al. 2010). As youth unemployment remains elevated

  14. Essay On Unemployment: Helpful Guide To Writing

    One of the recent American surveys showed that some of the highest unemployment rates were among Philosophy (6.2%) as well as the English Language (6.4%) and Mass Media (7.4%) graduates. On the other hand, the lowest unemployment rates were fixed in the fields of Industrial Engineering (1.7%) and Medical Technicians (0.9%).

  15. Thesis Statement On Unemployment

    Since the 2008 financial crisis and the recession that followed in 2009 there has been a high unemployment rate among the youth. Canada's unemployment rate is sitting at an all high time of 11.8%. (TD Economics) The unemployment rate specifically for youth aged 15 to 24 years old has climbed approximately 24.4%.

  16. (PDF) UNEMPLOYMENT CRISIS AMONG FRESH GRADUATES

    10 unemploy ed people below age 24, and the total unemployment rate was 56.9 percent of. unemployed female graduates and 43.1 of the male graduates in 2018. The highest unemplo yed. fresh ...

  17. PDF The Impact of Globalization on the Structural Unemployment: An ...

    unemployment in 87 countries for the period from 1991 to 2014. The model specifications are based on the Ricardian Comparative Advantage and the Heckscher-Ohlin models. It is found that one standard deviation increase in the trade openness approximately leads to 0.6 percentage point lower structural unemployment rate.

  18. PDF UC Berkeley Economics Senior Thesis When Unemployment Strikes

    Abstract. High unemployment rates have plagued European countries since the 1970s. Extensive research has been conducted regarding European labor market institutions. This included an examination of unemployment benefits, union culture, etc. While reforms in these areas have been made, unemployment rates remain high, and more factors must be ...

  19. Effects of a Fall in Unemployment Rate on Workers

    B. Recognition of the need to critically evaluate the benefits and drawbacks for workers. II. Benefits of Falling Unemployment. A. Increase in Job Choices. 1. Expansion of available job opportunities. 2. Alignment of job choices with workers' skills and preferences. B. Wage Increases.

  20. Unemployment Rate Thesis Statement

    Unemployment Rate Thesis Statement - Free download as PDF File (.pdf), Text File (.txt) or read online for free.

  21. PDF A qualitative study of the impact of unemployment in 'Mazakhele

    I declare that the above thesis is my own work and that all the sources I used or quoted have ... According to usiness Tech (2016) South Africas unemployment rate for the third quarter of 2016 climbed to 27%.Stats SA announced that this topped the shocking jump seen at start of the year. This rate is the highest since 2003, when unemployment ...

  22. (PDF) A Jobless Growth: Why is Unemployment Still High ...

    1.2 Statement of the Problem. ... effects of the independent variables to unemployment rate. Table 3.2.1 A-priori Expectations . ... no enough evidence to r eject the null hypo thesis. Th us, ...

  23. (PDF) Describing the Effects of Unemployment on the Increase of

    rate of 5.17 percent, countries in the Middle East and North Africa have a rate of 11.52 percent. Sub-Saharan Africa (SSA) has a slightly higher rate of 6.18 percent than the global average ...