Social Impact

Social Impact The economic cost of unemployment is certainly large, but no -dollar figure can adequately the, human and psychological loll of long periods 01′ persistent involuntary unemployment. The per- sonal tragedy of unemployment has been proved again and...

Economic Impact

Economic Impact When the unemployment rate goes up, the economy is in effect throwing away the goods and services that the unemployed workers could have produced, During recessions, it is as if vast quantities of automobiles, housing, clothing, and other commodities...

Unemployed

Unemployed This group includes people who are not employed but are actively looking for work or waiting to return to work. To be counted as unemployed, a person must do more than simply think about work. A person must report specific efforts to find a job (such as...