What is Unemployment? Those people who have no job or they are looking for some new job and are available to work are unemployed people. Unemployment is one of the major issues faced on a global level because without jobs, as they are major sources of income, common people will suffer and it becomes challenging for them to survive. Why unemployment increases OR decreases? There are two major sides which play the main role in the increase/decrease of unemployment: 1. Supply2. Demand The supply side can include different types of…
Unemployment and its impact on US and Global Economy
