Unemployment and Economics Unemployment has always been a problem in society where money, and therefore a source of money, are essential for survival. Those individuals who are not able to find work are left without resources and capital with which they can support themselves or a family. Unemployment acts as a negative influence on the economy as it displays a lack of productivity. However, it cannot be avoided. Some forms of unemployment will always exist, …
showed first 75 words of 944 total

showed last 75 words of 944 total
…working segment of the population. It is a good measure of the general trends of income and production, but is higher than it ought to be because of the uncounted disgruntled workers. These rates are ideally greater than zero, although excessive unemployment is obviously a great concern. The economy has a lot to do with the unemployment rate, as inflation, price levels, supply and demand, and many other factors have relationships with levels of employment.