A look at the social effects of unemployment on the economy and the general public

Sonnenschein—Mantel—Debreu theorem Although generally assuming convexity an equilibrium will exist and will be efficient, the conditions under which it will be unique are much stronger.

A look at the social effects of unemployment on the economy and the general public

A, Germany, France to mention but these few. Being employed makes one happy.

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Awake stated that meaningful employment could bring happiness, makes one wanted and needed. It further argued that people acquire certain skills so that they could be employed and be able to provide for their needs and that of the family, but unemployment seems to step in and dash this hope.

Government on her side also forget Agricultural sector, which was the mainstay of the economy in the s. Byan estimated 3. All the components of the labour force suffered from the scourge of unemployment of youths, especially graduates, retrenched civil servants and private sectors employees.

The unemployment consists of all those that are willing to work and able to work but are unable to find job. The total labour force of Nigeria is made up of those between the age of 15 years and 59 years.

Unemployment arises when the demand for labour of the factors of production falls short of supply. In this study therefore, we are going to examine the causes and consequences of unemployment in the society with Ika North East as a case study.

Unemployment situation in Delta State is inherent in the capitalist system of Nigeria economy. As policy makers are not committed to evolve pragmatic measures capable of reducing unemployment to the barest minimum, we find out that the unemployed are alienated, because such policies as poverty alleviation programme, National Directorate For Employment NDE not in any way reduced the problem of unemployment, but has been hijacked by some selfish and greedy Nigerians.

Mccleland made an assumption about people which say that man is not often looked upon as a rational economic man, social man, self actualizing man and complex.

So that unemployment seems to dash away these needs. Unemployment has been the bane of the society, it has defied solutions both state and local governments. It is for this reason that the researcher was motivated to undertake this study in order to investigate the causes and consequences of unemployment in the study area.

It is the hope of the researcher that if the causes and consequences of unemployment in the study area are known, the solution will not be far fetched. Lampam report on the cause of unemployment stated that agriculture is the taproot of an economy.

He warned that any attempt to give agricultural activities a secondary attention in the economy of any nation would sooner or later create unemployment situation.

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Investigation into Nigeria sources of revenue in the s and early s showed that agricultural products was the chief source of income to the country.

But with the neglect of agriculture due to oil boom, the economy late failed, and has resulted into unemployment. The second factor according to Lampan was the degree of unemployment in the developing countries were due to the neglect of indigenous technology and inadequate patronage received by local industries from the consumers and their government as well as the rate of profit reinvestment in the foreign owned industries in the country.

He observed that in any economic system where indigenous technology and local industries were not encouraged and patronized, there tend to be a decrease in the production capacity and, an increase in the dumping of the countries wealth in foreign countries in the name of purchasing foreign goods.

The picture portrayed by Lampan above, was actually what happened in Nigeria, were especially during the oil boom period that has resulted to the unemployment situation in the country. Finally, the greatest unemployment-causing factor in Nigeria has been identified to the ineptitude, corruption, fraud and general failure of leadership in our country.

Problems of Unemployment Some of the problems of unemployment are as follows: Unemployment brings frustration and disappointment. Unemployment causes crime like robbery, prostitution, drug trafficking.

Unemployment syndrome is so rampant in rural and urban area. Unemployment had led to increase in poverty.Analytic studies examining effects of the Great Recession that cut across social and economic domains. For example, an analysis of the way the recession impacts disadvantaged youth might examine the possible link between local variation in unemployment, school dropout, and criminal involvement.

Some social workers—referred to as bachelor’s social workers (BSW)—work with groups, community organizations, and policymakers to develop or improve programs, services, policies, and social conditions.

A look at the social effects of unemployment on the economy and the general public

This focus of work is referred to as macro social tranceformingnlp.com experience in related occupation: None. Effects of Broader E-Verify Laws on Unemployment The following is a list of states, by year, since that created new E-Verify laws or expanded existing laws, and summaries of how those laws appear to have impacted unemployment rates in each state.

Here is an easy-to-understand guide to Brexit - beginning with the basics, then a look at the negotiations, followed by a selection of answers to questions we've been sent. A referendum - a vote. There was a growing expectation among the general public that the government would use its considerable resources to help tackle some of the persistent social and economic problems that had.

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