Definition of unemployment

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Presentation transcript:

Definition of unemployment A person is unemployed if he or she desires employment but cannot find a job. According to the strict definition only those people who take active steps to find employment, but fail to do so, are regarded as unemployed. The expanded definition, on the other hand, includes everyone who desires employment, irrespective of whether or not they actively tried to obtain a job.

Reasons for unemployment

ECONOMY Economy

Lack of marketable skills

Experience needed

Equity bill

Lack of work ethics

Migration from neighbouring countries

Job growth has traditionally been in the service, mining and agricultural industries. Employment has declined significantly

Poor working conditions

Too many people with the same skills / qualification

Lack of education

Diseases like HIV/AIDS

Foreigners who are highly skilled and take all the top, high paying jobs.

Foreigners applying for asylum are cheap labour and will accept the lowest wage.

Impact Of Unemployment

Increase in crime

Poverty

Illiteracy

Health problems

Low self-esteem

Depression

Suicide

Substance abuse

Increase in divorce-rate

Family problems