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What is Unemployment?
1. Unemployment
UNEMPLOYMENT2. What is Unemployment?
WHAT IS UNEMPLOYMENT?•Unemployment
occurs when a
person who is
actively searching for
employmentis unable
to find work.
3. How is Unemployment Defined?
HOW IS UNEMPLOYMENT DEFINED?• Unemployment is a key
economic indicator
because it signals the
inability of workers to
readily obtain gainful
work to contribute to
the productive output of
the economy.
4. types of unemployment.
TYPES OF UNEMPLOYMENT.• Frictional Unemployment
• Cyclical Unemployment
• Structural Unemployment
• Institutional Unemployment
5.
6. Unemployment in Russia
UNEMPLOYMENT IN RUSSIA7. Global UNEMPLOYment
GLOBAL UNEMPLOYMENT8. How can we stop or reduce unemployment?
HOW CAN WE STOP OR REDUCEUNEMPLOYMENT?
1. Education and training;
2. Employment subsidies;
3. Improve labour market flexibility;
4. Stricter benefit requirements;
5. Improved geographical mobility.