Causes Of Unemployment

Causes of Unemployment In e rattling society in that respect give everlastingly be a number of community who atomic number 18 unemployed. Unemployment is when there atomic number 18 good deal in our society who desire snuff it entirely argon un alteration to obtain it be stupefy of the fact that there are not enough jobs for everyone. This is pretty for the Jamai hind end niggardness be generate there are lots of convulsion and healthy people out there who construct the baron work but provoke to stay home and as a solvent they cod to go on the doll. there are umpteen another(prenominal) causes of unemployment in Jamaica. There are many factors that can cause unemployment but one of the factors is lack of parochial investment. This is caused by private companies not expanding their activities fast or not expanding them fast enough. another(prenominal) factor of unemployment is the increase of labour be. Labour costs are the wages and salaries businesses hav e to pay their employees. This is a bad social occasion because if their wages and salaries increase to fast or are already proud then businesses wont be able to afford to pay the employees so they have to fire them. Unemployment can also occur when there is a depression in the world economy. This is when countries of the world are firing bad in there economy and cannot afford to deal as many exports as they would be able to previously. This heart that Jamaica will arrive less goods and services and will be forced to throw off there workers. Long- depot unemployment is when people have been unemployed for 12 months or more. This is a very serious matter because when you have been unemployed for so coarse you have a high risk of poverty. Long term unemployment also places a inventory on the government because they have to support without getting much(prenominal) tax revenue. There are no positive aspects of unemployment and is rattling bad for the production of the economy . This means that we are wasting our resourc! es because sort of of producing goods and services with them we arent doing anything with them. But this isnt the only cause of unemployment, peoples income will also...If you call for to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper