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It cause less income for the family or even just no income at all. This leads to an unemployee joining in illegal activities such as drugs. It also contributes to the poverty population as unemployment leads to no source of income and without money the basic needs would not be reached and they themselves and those who are depending on them will indeed experienced a great suffering in the economy.
Wiki User
∙ 13y ago
Wiki User
∙ 11y agoUnemployment leads to wastage of man power resource.
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What are the three types of unemployment?
disguised unemployment,open unemployment,under unemployment
How do you you apply for unemployment extension in California?
Contact your local unemployment office regarding EUC (Emergency unemployment compensation.)
Why isn't full employment the same as zero unemployment?
Full employment doesn't mean that there is zero unemployment. Full employment only means that the economy is operating at full employment because there is only structural unemployment, frictional unemployment, and seasonal unemployment. Remaining unemployment is cyclical. Even when an economy is working properly, it will experience frictional, seasonal, and structural unemployment. (gp)
Which type of unemployment is the focus of macroeconomic policy?
Cyclical unemployment
What kind of unemployment would be easiest to tolerate and why?
Frictional unemployment, because it does not last longer than the other types of unemployment.
How can unemployment and povert lead to CSI?
how does poverty and unemployment leads to coporate social investment
Is there any differences between technological unemployment and structural unemployment?
Structural unemployment is when in an economy labour do not have the required skills for the jobs available .technological unemployment takes place due to changes in technology , technology increases productivity but less labour is required for it ,which at macro level can lead to structural unemployment
Would adoption of ICT lead to unemployment?
yes. the adoption of ICT will lead to unemployment because the machines are manily brought in to do the work of the human being. Therefore, the human being would have to be sacked due leaving him unemployed and jobless.
Will computers lead to large scale unemployment?
no never but it improved every aspect of our life.
There should be world peace?
Probably not as this would lead to massive unemployment and the inevitable war.
You want a paper presentation on walkietalkie?
I want paper presentation for will computer lead an unemployment
What was the most important reason why nativist labor leaders objected to immigrant workers?
Immigrants would lead to higher unemployment
Can inflation and employment happen at the same time?
A rise in unemployment will lead to a fall in inflation...this is best explained by the philips curve
How can poverty and unemployment lead to corporate social investment?
Businesses can help alleviate poverty and unemployment by job creation and practicing social sustainability. By factoring in how the business conducts itself and what impact its practices have on the whole, it can reduce these social issues.
What types of unemployment exist?
Unemployment is split into these types: demand-deficient unemployment, frictional unemployment, and structural unemployment
How does unemployment relate to political factors?
High unemployment rates can lead to dissatisfaction among voters, influencing political decisions and potentially leading to changes in government. Politicians may focus on addressing unemployment issues to gain support and credibility with the electorate. Conversely, political decisions and policies can also impact unemployment rates through factors like economic regulation, trade agreements, and fiscal policies.
What are the three types of unemployment?
disguised unemployment,open unemployment,under unemployment
