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    Unemployment in Peru: An economic concern

    The Peruvian unemployment rate has started to decline in the past few years. The lowered unemployment rate connects to Peru’s economy and means it is on the mend. There are several relationships between the lowered unemployment rate and the economy that will be described. The data on this occurrence has a trend that shows it […] More

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    Structural unemployment

    Is structural unemployment something macroeconomic policymakers should be concerned about? How does it differ from cyclical unemployment? Structural unemployment is categorically something that should be considered heavily by macroeconomic policymakers as the ramifications can last for decades and may require drastic actions to readdress the situation. (Structural unemployment, 2014) If the closing of the Geelong […] More

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    Effects of unemployment

    The stabilization of human personalities; every individual child or adult needs emotional security and a source of release from stresses and strains of every day life. This provided by emotional support of partners and the chance for parents to indulge with their children. This helps to prevent stress from overwhelming the individual and threatening the […] More

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    The Different Types of Unemployment in the Economy and Policies

    Describe the different types of unemployment in the economy and explain the government policies used to address them Australia suffers from different types of unemployment in the economy, which is undesirable since Australia aims to achieve full employment; a major macroeconomic objective of the Australian Government. The main forms of unemployment which the Australian economy […] More

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    The Causes and Consequences of Unemployment

    The causes and consequences of unemployment Unemployment causes There are three main causes of unemployment, the first is cyclical unemployment which is unemployment arising from a lack of aggregate demand. Demand for most products are likely to be low and unemployment may be high. Since not a lot of people are buying a product, firms […] More

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    The Causes and Consequences of Unemployment

    Unemployment causes There are three main causes of unemployment, the first is cyclical unemployment which is unemployment arising from a lack of aggregate demand. Demand for most products are likely to be low and unemployment may be high. Since not a lot of people are buying a product, firms do not need as much labour […] More

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    Effects of Unemployment

    Psychological Effects of Unemployment and Underemployment The current state of the economy continues to be an enormous stressor for Americans, with 78 percent reporting money as a significant source of stress (APA, 2009). Unemployed workers are twice as likely as their employed counterparts to experience psychological problems such as depression, anxiety, psychosomatic symptoms, low subjective […] More

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    The effects of unemployment on the economy

    Economists call unemployment a lagging indicator of the economy, as the economy usually improves before the unemployment rate starts to rise again. However, unemployment causes a sort of ripple effect across the economy. The two key problems resulting from unemployment, especially the unemployment of labor, are personal hardships and lost production. The owners of the […] More

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    Unemployment in the United States

    Since the end of the Great Recession, the United States economy has created more than 8.3 million jobs with the unemployment rate has falling from 10 percent to 5.7 percent. The labor market is much better today than at any point since the Great Recession. The unemployment rate measures the number of people actively looking […] More