Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Impact of unemployment on individuals and families
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Impact of unemployment on individuals and families
Introduction Background
Unemployment is the problem experienced by many South Africans due to lack of job opportunities. There are job opportunities in South Africa but most of these job opportunities favour educated and skilled people but it does not favour unskilled and the people who are not educated. Unemployment is a big problem because in other families you find that there’s no one working and some families die of hunger. This is a very devastating situation because other families don’t have money to fulfil their basic needs such as food, shelter, water, clothes and even paying the children’s school fees. Unemployment can also lead to crime, because when people are not employed they come with different ideas to make money even hijacking,
…show more content…
Unemployment is influenced by lack of education because in the African tradition many people are home skilled, they are used to doing hand work which is not enough to get them proper jobs, and seen that technology is taking over these people are left behind. Many African were colonised by British men as they took them to work as slaves and when they come back it was too late for them to get proper education. The best way to combat unemployment according to African traditional worldview is to practice the spirit of UBUNTU. In the spirit of Ubuntu it is whereby we help each other for example if I have bread and my neighbour has butter, my neighbour should borrow me the butter and I will give my neighbour the bread. According to Anon (2014) An African expression of Ubuntu says: “Your pain is my pain, my wealth is your wealth, and your salvation is my salvation.” The government must provide unemployed people with a social grant that will help them to cover their costs and look after themselves and also provide deserving learners with bursaries to go to school so that they can have the best education they can get to secure their future. Unemployment is caused by higher rate of school drop
Unemployment is a social problem in Australia, which affects a majority of society in many ways. Not only can it cause financial debt to families, but from there it can cause family breakdowns, social isolation, shame and it can even lead to violence. The Conflict theory perspective explains how unemployment can be caused by class and power by focusing on the inequality within society. The inequality sequentially predicts that the poorer members of society struggle to find employment, to be able to get education to find suitable employment and are.
Lack of education can leave those with low-level or no qualifications at all which could lead to the individuals struggling to find full or part time work which results in low or no money whatsoever to be able to
Simply put unemployment is basically the act of not being employed. In the United States there are several different ways that one can label being unemployed based on the economy of our country at the time. Throughout history we have gone through many different depressions, recessions, and hard times all together. The first major hit this country took was when the stock markets crashed and sent the economy straight down into the sewers. It was called the Great Depression. Many people suffered and it caused suffering this country had never seen before, so many people fell to poverty level. This depression lasted from 1929 to 1941. Most recently America went through what is now called the Great Recession. This started in 2007 and ended June 2009. The general cause was due to the general decrease in the global markets around the world and was the greatest economic turnover since the Great Depression. This nineteen month long recession was what brought about the unemployment status that America is still adjusting too. The unemployment rate reached anywhere from 10 to 15% which is particularly high for our country to endure. By June 2010, the United States government decreased the unemployment rate down to 5%.
As Canadian's fertility rate fells, baby boomers retires, immigration and foreign workers becomes very important for the increase of labor demands in the Canadian's job market. The government is planning to reduce the application waiting time and therefore there will be more newcomers coming in the next fewer years. Canadian companies will then have many experienced and foreign trained applicants where they can help Canadian companies to increase their foreign trade and to build a better relationship with the other country. However, new comers have difficulties in finding employment because of their unrecognized foreign qualifications, non Canadian work experienced and the lack of support in the settlement programs where they get help to find employment.
The formula to measure unemployment rate is by dividing the number of unemployed with the total of labor force. The poor who are not working, and to a certain extent the non-poor who are low educated and unemployed, tend to become discouraged workers. These are the people who are out of work but are not looking for work because they believe that they cannot find one (Kingdon & Knight 2006; Suryadarma, Suryahadi, & Sumarto 2005). For examples, they are relatively highly educated, thus have high wage reservations and prefer to wait for the high paying job. In the effort to reduce unemployment, it is important to ensure that the types of jobs created in an economy match the skills and expectations of the unemployed.
The largest cause of unemployment can be attributed to recession. The term recession refers to the backward movement of the economy for a long period. People spend only when they have to. (Nagle 2009). With people spending less there would be less money in circulation therefore, enterprises would suffer financially and people would suffer too. This is so because recession reduces the fiscal bases of enterprises, forcing these enterprises to reduce their workforce through layoffs. These enterprises lay off their workers in order to cut the costs they incur in terms of wage and salary payments.
There are a multitudinous number of both economic and social difficulties associated with unemployment. One fundamental reason why the government particularly stresses on reducing unemployment levels is as a result it poses a great cost on the economy. Not only does it affect the economy, but also it poses a great threat towards the living standards of the unemployed people itself. This could lead to many receiving less or no income based on whether or not they receive unemployment welfare benefits from the government. Reduction in income, would lead to a less disposable inc...
Those who have a higher social status have a distinct advantage because they have access to many resources beyond basic human necessities. For example, those who have more money have access to education. Those who do not make much money can not afford to send their children to school and even if they have educational supplies nearby, boy and girls are forced to work in order to help the family survive. Education is essential to the development of 3rd world countries and it is a huge roadblock to the development and flourishment of countries technologically, educationally, and politically. If the poor had more access to education, they would have a better opportunity to make more money and rise in social status. Due to a lack of education for almost the entire population, the majority of the population lacks the basic skills to hold a job which requires skill. Many people in Africa hold low paying, unskilled labor positions because they do not have the knowledge or resources to get higher paying jobs which require more skill and education to get. Education is something which is necessary for a third world country to improve its conditions and poverty makes it impossible to improve Africa’s availability of education without the help of other countries and individuals to make an effort to get educational materials more accessible for all people who live in
People need money to purchase all kinds of goods and services they needed every day and sometimes, for goods or services they desire to own. To fulfill that, they have the essential need to earn money. In order to earn money, they must work in either in fields related to their interests or to their qualifications. However, people will meet different challenges during their jobs-hunting sessions, such as many candidates competing for a job vacancy; salaries offered are lower than expected salaries and economic crisis or down which causes unemployment. Unemployment is what we will be looking into in this report. Dwidedi (2010) stated that unemployment is defined as not much job vacancies are available to fulfill the amount of people who want to work and can work according to the current pay they can get for a job they chose to work as. There are four major types of unemployment: frictional, structural, cyclical and seasonal unemployment.
Unemployment is a problem, which worries the majority of economists, social workers, and common citizens. It is obvious that there are not enough working places for all citizens willing to find work and take care of their family budget. It is a consequence of a careless regulation of the economic processes in the country. Unemployment is a widespread problem, and it touches on all the layers of society including people from different occupations. In addition, the new college graduates create one of the segments of the unemployed, which struggle to find work. However, it is hard to achieve this aim due to the diversity of problems and inappropriate environment existing in the business segment. The following discussion helps evaluate the diversity
Worklessness is a major cause of poverty. There are many reasons people don’t work. Some reasons are many people have caring responsibilities; some suffer from a health condition or have a disability and others encounter discrimination that acts as a barrier to work. There are also structural reasons people don’t work. If the labor market doesn’t have enough jobs that match the skills and qualifications of unemployed people, or that are close enough to people’s homes, working isn’t a option. Another cause is low pay; low wages, part-time work and childcare are all ways income is reduced. Also, inadequate benefits; if people are out of work or earn insufficient amounts of money they expect the benefits and tax credit system to act as a safe net. However, benefits are set at levels that invariably leave recipients living below the poverty
Unemployment issue can lead to a lot of impacts to the economic growth. Higher unemployment rate will lead to increase government borrowing. When people are without their job, they would paid less in the income tax. So, it will cause a drop in tax revenue because there are lesser people paying income tax and spending less. Due to the loss of earnings to the unemployed, the government need to spend more subsidy for them in housing benefits and income support.
On attaining independence in 1963, the inaugural Kenya government identified poverty illiteracy, disease and unemployment as the most debilitating of challenges facing the country. Almost five decades later, despite numerous policy efforts, these challenges continue to enslave many Kenyans. The situation is even more debilitating when one is a youth. According to the Kenya Integrated Household Budget Survey , approximately 67 per cent of the unemployed in the country are youth.
Unfortunately, there are many Americans out of work in today’s current declining economy. Unemployment can be defined as a person who is out of work involuntary, not by choice. These people are looking jobs and available to start work. Being unemployed can be disheartening and deciding what the next step is can be challenging. Underemployed can be described as being inadequately employed, such as a low-paying job that requires fewer skills than one possess. (Daly, Hobijn, and Kwok 2015) Making ends meet can be difficult for one who has been affected by this economy over the past few years. America still has a high unemployment rate since the decline of the current job market. And many Americans are struggling to establish the skills needed for employment, or the underemployed are force to lower they skill to make a profit. America’s economic status has force the underemployed and unemployed to make ends meet with the current jobs available. And last but not least some have also utilized these difficult times to venture into new discoveries to make life hassle free. So, we wonder is Americans giving up in today’s economy or do they settle for lower end job to establish a steady income to make ends.
Poverty is one of the greatest problems facing South Africa. South African families live in very unsatisfactory conditions. The South African government works hard to bring down the rate of poverty but it also seems to increase as they try.