Wednesday, May 6, 2020
Impact of Unemployment on Society - 1011 Words
ââ¬Å"A man willing to work, and unable to find work, is perhaps the saddest sight that fortuneââ¬â¢s inequality under this sun.- Thomas Carlyleâ⬠(proverbia.net online). To be considered unemployed, is a person looking for a paying job, but is unable to find one. Unemployment is becoming an epidemic that is affecting America at an alarming rate. Most employed people donââ¬â¢t know how hard an unemployed person has to live, they have to worry about providing for their family, and paying their bills. They have an everyday struggle. The countries unemployment rate is currently 9.70% as of march 2010, and Michiganââ¬â¢s unemployment rate is 14.1%. Many economists predict that the effect of unemployment has changed the inflation rate led to an unstableâ⬠¦show more contentâ⬠¦Most of American manufacturing business is becoming automated. Automation is the act of implementing the control of equipment with advanced technology. This can lead to the business havin g more revenue for them, and also it saves them time. This is leaving people unemployed at a scarce rate. Thus, the affects of automation can have a direct impact on unemployment. Not only does automation cause unemployment, but being unemployed can take a toll on someone well being. Unemployment also has an impact on a personââ¬â¢s health. ââ¬Å"Workers who los a job through no fault of their own, she found, were twice as likely to report developing a ailment like high blood pressure, diabetes, or heart disease over the next year and a half, compared to people who were continuously employedâ⬠(Rabin/online). The risk was just as high for those who found new job quickly as it was for those who remained unemployed. Bad health causes stress; obviously this is a bad impact on unemployment. Although unemployment can cause bad health, it can also cause population shifts. Unemployment causes certain population shifts. If there arenââ¬â¢t any jobs in a geographical area, many residents will move. This can make the business in that are become out of business. This can also leave that area a deserted waste land, which eventually would be turned into a recreation enter or lodge. Although unemploymentShow MoreRelatedThe Impact Of Youth Unemployment On The Society992 Words à |à 4 PagesThe Impact of Youth Unemployment in the Society One of the most important stage of development in an individualââ¬â¢s life is the days of their youth. At this stage, the society expects much from the individual, and also determines the achievement such a person has reached. However, due to the high expectation, the youths are yet to actualize their potentials. This paper compares the problem of youth unemployment and the impacts it has on the economy as proffered by ââ¬Å"Can Generation Xers Be Trained?â⬠Read MoreYouth Unemployment And Its Effects On The Economy990 Words à |à 4 PagesSchuberth Mr. Kyle Burkett Level 9 Reading Writing 22 February 2017 Youth in Unemployment in Saudi Arabia Unemployment is a phenomenon that occur in any country across globe. It considers as very essential topic because its effects on the country. The unemployment rate is one of the most prominent issues discussed today by politicians, news commentators, and economists. Therefore, higher unemployment rate between youth could affect the economy, politics, and other factors. Many countriesRead MoreThe Impact Of Technology On The Workplace1239 Words à |à 5 PagesThe Impact of Technology in the Workplace Since the creation of modern computerization, several consequences have arisen for humankind, particularly in the work environment. 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