Unemployment also goes into hand with homelessness and panhandling, because there is not enough jobs people are ending up homeless and looking for other ways to get money. Why are youth more likely to be unemployed than adults, and is unemployment among youth becoming a social problem? Unemployed Youth Youth that are unemployed are ages 15 to 24 and do not have a job but are looking to work. Normally at this age youth are in high school, just finishing high school and do not have enough education or job experience that a job requires or they may be in a post-secondary school and are not able to balance both a job and school. It affects the distribution of real income, people on fixed incomes suffer as the purchasing power of their incomes decrease as price levels rise.
Essay on unemployment are given to the students of higher education by their professors. Students can take unemployment essay writing help from the expert assignments writers of Students Assignment Help. Students can also ask the experts to write the outline of the essay for the ease of doing it. Here is a sample essay on unemployment given by the experts to students. It could be used as a standard essay to write such other essays for the assignments.
The growing unemployment rate is a serious challenge to the economy and socioeconomic stability because the growing unemployment rate aggravates the economic situation. Even though unemployment is not the cause of economic recession or deterioration of the economic situation, it still aggravates the economic situation considerably. The unemployment rate, in its turn, depends on the economic situation. Therefore, there is a vicious circle, where the deterioration of the economic situation provokes the growing unemployment rate, while the growing unemployment rate aggravates the economic situation even more.
Causes of unemployment vary depending on countries and the level of development in those countries. In developed countries, the level of unemployment at a given time is determined by the aggregate demand. A shortfall in aggregate demand is usually the main cause of unemployment in such countries. In under developed countries, on the other hand, the major cause of unemployment is the lack of capital equipment and other complementary resources required to keep the workers at work. Causes of unemployment can also be classified as internal or external.