Слайд 2WHAT IS UNEMPLOYMENT?
Unemployment occurs when a person who is actively searching for employmentis
unable to find work.
Слайд 3HOW IS UNEMPLOYMENT DEFINED?
Unemployment is a key economic indicator because it signals the
inability of workers to readily obtain gainful work to contribute to the productive output of the economy.
Слайд 4TYPES OF UNEMPLOYMENT.
Frictional Unemployment
Cyclical Unemployment
Structural Unemployment
Institutional Unemployment
Слайд 8HOW CAN WE STOP OR REDUCE UNEMPLOYMENT?
1. Education and training;
2. Employment subsidies;
3. Improve
labour market flexibility;
4. Stricter benefit requirements;
5. Improved geographical mobility.