unemployment

1. A global social problem: unemployment

x
A global social problem:
unemployment
Peretyagina Ekaterina

2. What is the unemployment?

Unemployment is the proportion of people above a
specified age not being in paid employment or selfemployment but currently available for work during the
reference period.
x

3. Types of unemployment:

X
1
Frictional
2
Structural
3
Seasonal
4
Cyclical
x

4. Why does unemployment matter?

Unemployment has a ripple effect that extends far
beyond the individual looking for a job. It impacts the
overall health of the economy, social well-being, and
even investment decisions.
x

5. Economic growth and consumer spending

A high unemployment rate signifies a significant portion
of the workforce is unable to contribute their skills and
labor to the economy. This reduces overall production
and economic output.
x

6. Poverty and social issues

Unemployment can lead to financial hardship, pushing
individuals and families towards poverty. This can
trigger a chain reaction of social issues, including
increased crime rates, homelessness, and strained
social safety nets.
x

7.

x

8.

x

9.

x

10. 3 Solutions to Unemployment

1
Enhancing Education
and Skills Training
2
Promoting Entrepreneurship and
Small Business Development
3
Infrastructure
development
x
X