We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy There are four possible relationships between real wages (RW) and unemployment (U): Firstly, U can be caused by high RW (the “classical” case), secondly high RW can be just a symptom of U rather […]

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy Unemployment is defined as people who are registered as able, available and willing to work at the going wage rate in a suitable job but who cannot find paid employment despite being actively involved […]

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy Unemployment is described as someone who has been in previous employment but he/she has lost their job due to various factors, which will be assessed within this essay. Unemployment is not to be confused […]

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy “Unemployment refers to the condition of being unemployed, or to the number or proportion of people in the working population who are unemployed.” 1There are different types of unemployment, which includes frictional, structural, regional […]

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy Unemployment in is a danger that is threatening all countries economies. Furthermore, unemployment is the reason of many problems as the increase in the rates of poverty and the increase in crime rates in […]

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy The term ‘youth unemployment’ covers those aged 15-24, and it is normally regarded as a rather important issue for many governments. All those aged 25 or above are considered adult in this case. 2009 […]