Causes And Effects Of Inflation And Unemployment?

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INFLATION AND UNEMPLOYMENT
Definition of Inflation
Price increases may be temporary or ongoing. When the increase lasts for a long time and occur almost on all goods and services, so this phenomenon is called inflation. So, the price increase on one or two types of goods cannot be categorized as inflation.
In economics, inflation means an increase in the general price level of goods and services in an economy over time. With the increase in the general price level, each unit of currency can only buy goods and services in an amount much less than before. Thus, inflation also reflects the decline in the purchasing power of money in respect of a loss of real value in the internal medium of exchange and unit of account in the economy.

Effects …show more content…

Thus, they argue that society will look down on them and then feel inferior. As a result of financial difficulties facing unemployment, then they can do activities such as robbery, murder and so on to make money.

Causes of Unemployment
Poor communication skills:
Many fresh graduates cannot master many languages, especially international language or English. English is important in the era of globalization and information communication technology (ICT) today. We need graduates who not only have confidence, foresight and eloquence to speak or communicate. Therefore, employers will hire workers based on their strengths to master English because many companies use English as the language of communication.

Choosy attitude:
Graduates nowadays are now too choosy. Positions must be applied for higher positions within the company. For example, the general manager of a decent job with a degree that they have. When there is no vacancy in the office, then they would rather be unemployed than work that is not equivalent or equal to their degree. They do not want the shame to do a job that starts from the bottom. No manager found a job upon completion of the reverse learn more from the bottom to accumulate

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