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The growing problem presented by unemployment commonly affects the economic wellbeing and the social welfare of the community.
The youth unemployment has continuously escalated despite the numerous efforts being made towards providing remedy for the unemployment challenges. Official data regarding unemployment within some countries shows the problem to have gone beyond the anticipate levels. Numerous social elements associated with the unemployment among the youth commonly have detrimental effects upon the economic systems within the different countries. The unemployment among the youth is commonly associated with various problems like high crime rate among the youth and riots. The youths have remained unemployed because of various social challenges which face the youths. These include laziness among the youth which makes them not to desire to search for employment hence, they remain unemployed for long durations because of such social elements. These two fundamental outcomes of unemployment could result in the social breakdown when they reach unmanageable levels. Joblessness remains the fundamental cause of the social evils commonly associated with high unemployment levels (Shildrick et al. 2012). These social problems cannot be predicted when they will occur but they certainly will occur when the unemployment becomes uncontrollable. The youth unemployment can be defined as a time bomb waiting to explode.
These imminent problems associated with unemployment present a significant challenge to many governments in seeking to provide solutions to the problem of unemployment. The fundamental approach utilised by many governments remains the creation of jobs within the informal sector. Other than the creation of jobs which ensure the individuals become directly absorbed into the labour market, other approaches are also utilised by different governments around
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Youth and Anti-Social Behaviour Introduction Antisocial behaviours of the youths are causing tremendous social problems across the world. Because of the advancements in science and technology, attitudes, life styles, life philosophies etc of the youths are undergoing rapid changes at present.
People from childhood are being slowly prepared for eventually becoming a part of the workforce. Upon graduation from high school many adults elect to go to college to learn new traits and skills that will prepare them for a career.
Social consequences of long term unemployment Employment whether self or formal, is very important in the general wellbeing of an individual. This affects both the social life as well as the country’s economic stability. An individual is able to access quality services and able to afford the best life and luxuries that accompany high purchasing power.
Name Institution Course Tutor Date Youth Unemployment in UK Youth unemployment is a worldwide economic crisis, especially with the current global economic hardships. A recent report by the Office for National Statistics indicates that the number of jobless youth in the UK hit a record of 1.02 million in the quarter (Pym, 2011: 21).
Economic health of a society or an economy is a crucial indicator in the welfare paradigm. Unemployment is one such major indicator reflecting the economic health of a society and hence adds immensely to the welfare dynamics. The factor of unemployment is also crucial in the determination of the strength of an economy in terms of growth.
One must be aware of the technical and definitional pitfalls in a controversy over American employment statistics, which is involved in a preparation of series of a single unemployment rate. It is one of the arduous jobs to compare unemployment rates within a country as it consists of huge amount of statistical data.
This ensures that employees are in a position to secure their needs and to attract others who depend on them.The needs of people are met mostly through monetary power a person may have.Mostly,people get this money through employment
Classical economics or neoclassical economics focus on rigidities in the labor market caused by the operating laws such as minimum wage act, taxes, and other regulations that restrict employers to hire more workers in the job. There are many who accept unemployed status voluntarily because of unsatisfactory employment available.
According to the paper the unemployment rate reduced to a twenty-one-year low 4.8 percent in August of 2014 but has been rising since then, touching a fresh two-year high in March. The number of unemployed individuals increased to 4.5 million in March from 4.41 million in the previous month. A year earlier, 2013 the figure was 4.02 million.
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