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REGIONAL UNEMPLOYMENT - Essay Example

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` Unemployment in London can be attributed to the differences in social status among the inhabitants of the city, a lack of the skills required for employment such as difficulty in articulation of the English language and the necessary skills. The housing market of the town also…
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REGIONAL UNEMPLOYMENT
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A Study of Unemployment Rates in Various Regions of the United Kingdom. By A Study of Unemployment Rates in Various Regions of the United Kingdom
Task 1 – Tabulation of unemployment data.
Figures in %
Unemployment Rates per region
Scotland
Wales
London
Northern Ireland
Jan to March 2010
8.3
9.4
9.2
8.0
April to June 2010
8.3
8.9
9.5
7.9
July to Sep 2010
8.4
8.0
9.2
7.8
Oct to Dec 2010
7.9
8.3
9.2
7.9
Jan to March 2011
7.9
7.9
9.2
7.8
April to June 2011
7.9
8.4
9.9
7.9
July to Sep 2011
8.0
9.3
10.1
8.3
Oct to Dec 2011
8.6
8.9
10.3
8.4
Jan to March 2012
8.3
9.1
10.1
8.2
April to June 2012
8.0
8.5
9.0
8.0
July to Sep 2012
8.1
8.2
9.0
7.9
Oct to Dec 2012
7.6
8.6
8.7
7.8
Jan to March 2013
7.4
8.2
8.8
7.8
April to June 2013
7.3
8.1
9.0
7.8
July to Sep 2013
7.3
7.8
9.0
7.6
Oct to Dec 2013
7.1
7.0
8.2
7.2
Jan to March 2014
6.5
6.8
7.8
6.8
April to June 2014
6.3
6.6
7.2
6.3
July to Sep 2014
5.9
6.6
6.3
6.0
Oct to Dec 2014
5.4
6.7
6.4
5.7
(Statswales.wales.gov.uk, 2015)
Task 2 – Bar graph of unemployment data
Task 3 - Reasons for variation in unemployment rates
` Unemployment in London can be attributed to the differences in social status among the inhabitants of the city, a lack of the skills required for employment such as difficulty in articulation of the English language and the necessary skills. The housing market of the town also contributes to unemployment because individuals who live on housing benefits opt to live that way as compared to doing short term jobs that will result in the termination of these benefits (Hobson, 2011). This reason explains why London has the highest average unemployment rates among the four regions. The percentage of unemployed people in Scotland have been reducing due to the massive expansion of businesses in the region such as the oil and gas sector (Herald Scotland, 2015). This growth has brought about job creation thus the improvement of employment rates to a “record high”. The unemployment rates in North Ireland also match those in Scotland in being the lowest among the four due to an improving economic situation that as resulted in more job offerings in the public and private sector (Houston, 2014). In Wales, programs implanted by the government such as the Jobs Growth Wales have played a significant role in reducing the unemployment rates (Gov.wales, 2013).
Task 4 – Policies to reduce regional unemployment
The government may use policies that create good economic conditions for businesses to thrive on such as encouraging the creation of new business. These conditions will enable businesses to grow that translates into the need for more workers in the particular. The authorities can also sponsor the youth and educate them on how to create successful enterprises so that they can also use their skills to earn a living and employ themselves such as through web design among others. Therefore, the unemployment rates are reduced in the process. The government can also undertake an analysis of the labor market in various regions to determine places inhabited mostly by unemployed individuals. They can reduce the tax levels for the business in the area so as to increase the level of unemployment. They can also create institutions that enabled the unemployed to learn skills that may help them to get jobs.
References
Gov.wales, (2013). Welsh Government Jobs Growth Wales ends 2013 on a high with the
Creation of over 10,000 job opportunities. [Online] Available at: http://gov.wales/newsroom/educationandskills/2013/131224jobsgrowthwales/?lang=en [Accessed 13 May 2015].
Herald Scotland, (2015). Record high: more Scots in work as unemployment falls by 15,000 in
Three months. [Online] Available at: http://www.heraldscotland.com/news/home-news/record-high-more-scots-in-work-as-unemployment-falls-by-15000-in-three-months.1424256430 [Accessed 13 May 2015].
Hobson, S. (2011). Why are one in 10 Londoners unemployed? | Features |
LondonlovesBusiness.com. [online] Londonlovesbusiness.com. Available at: http://www.londonlovesbusiness.com/business-news/economic/why-are-one-in-10-londoners-unemployed/259.article [Accessed 13 May 2015].
Houston, L. (2014). Northern Ireland unemployment falls to five-year low as 600 quit dole in
Month - BelfastTelegraph.co.uk. [Online] BelfastTelegraph.co.uk. Available at: http://www.belfasttelegraph.co.uk/business/news/northern-ireland-unemployment-falls-to-fiveyear-low-as-600-quit-dole-in-month-30594502.html [Accessed 13 May 2015].
Statswales.wales.gov.uk, (2015). [Online] Available at:
https://statswales.wales.gov.uk/Catalogue/Business-Economy-and-Labour-Market/People-and-Work/Unemployment/ILO-Unemployment/chart-ilounemploymentrates-by-ukcountry-quarter [Accessed 13 May 2015]. Read More
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