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What are causes and effects of unemployment?


Sagot :

Retirement, Disability, Old Age, Or must people prefer family issues

The cause of unemployment in many countries is competition in the labor market. There are few employment opportunities. It leads to a situation where every available opportunity, there are more than one qualified individual. The effect is that it causes social and economic effects. The poverty index among the unemployed is high since some people do not have a source of income.
Hope this helps. :)