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Group # 3
Cause and Effect of Unemployment
WHAT IS UNEMPLOYMENT?
Unemployment is caused by many factors in a modern economy. It can be caused by rapid technological change, willingness and perception of an employee, discrimination in the work place based on race, color, religion, ethnicity, age and class.
CAUSES
Discrimination unequal treatment for someone specifically because of color, religion, age, and way of living.
Lack of Education(Illiteracy) the condition of being unable to read or
write.
Laid–off being discharged due to law rate of
budget of a certain company.
removed from a certain position or job.
Fired
Lack of job openings or opportunities
it is caused by low rate of job vacancy.
Increasing rate of Population the population is increasing as a result the
financial power of economy is getting low.
EFFECTS
Poverty loss of money or loss of power to buy/have
goods and services.
Low rate of Economy as a result the economic power were going
down, the shortage series made our country lost in line.
Expanding divisions in Society increasing the discrimination level on the
community.
Increasing Illiteracy rate cause by unavailable funds, lack of money
and services.
Crime rate level increased an effect of illiteracy, crime is one of the
most popular effect of unemployment nowadays . Examples of this are snatching, smuggling, murder, kidnapping, drugs business and etc.
Recommendations / Possible Solutions
Scholarships for many poor children like the street
children, children living in squatter’s area, and the other children on the community.
there must be more jobs so that the economy can start to fulfill / stand. It’s help many people. Gives more opportunities.
More job openings
Cheaper housing loans House is one of the important thing that
family must be occupy. Cheaper H. loans help us to save more and have a normal life.
Free training for Enteprenuership
training wherein you are learning to make a business someday, and it’s give extra-conditional experience.
this would help for the motivation of the employees.
Fair Treatment among employees
Thank You!For listening…………..bye!!