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What Is Meant By Unemployment And What Are Its Causes?

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shahid tauqeer Profile
shahid tauqeer answered
Unemployment is an economic term. Employment means occupation, to be engaged in doing something productive is to be employed. So unemployment means absence of employment. When the people are out of work, they are said to be unemployed. Unemployment is a world-wide problem. Even rich and advanced countries like U.S.A, U.K, and France suffer from unemployment. In the Asian countries, unemployment is at its peak. Un employment is a social evil of far reaching consequences. It spells starvation disease and death on its victims, moreover when a large population is unemployed no effort to increase the national income can succeed.    The causes of this wide spread unemployment is these:  Firstly the system of education does not suit our needs. Much attention is paid to general and liberal education. Secondly, our country is not much advanced in industry. We cannot absorb all our young men in factories. Moreover they are not skilled. Thirdly, in our country a few privileged persons are keeping all the key industries to them. The educated young man and common men have neither the capital nor the opportunities to try their luck in business. Lastly, in our country birth-rate is very high. The resources of the country are not enough to maintain such a large population. People are more and jobs are few. The result is unemployment.
ly fen chen Profile
ly fen chen answered

It means no work, that we don't work, it'll causes the economic problem  of a country, if there are a lot of people who don't work or not be able to work, so essentially, we don't have money then we are poor.

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